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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,291 | $157,276-68.0% | $141,177-64.4% | $152,885-67.1% |
| Participation rate | 21.7% | 84.8%-63.1pp | 82.5%-60.7pp | 82.5%-60.7pp |
| Annual return | 17.63% | 64.33%-46.7pp | 71.40%-53.8pp | 345.39%-327.8pp |
| Employer contribution / active EE | $0 | $5,262-100.0% | $4,736-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $530 | $7,110-92.5% | $6,710-92.1% | $5,851-90.9% |
| Admin fee / account holder | $20 | $12,123-99.8% | $10,263-99.8% | $11,598-99.8% |