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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 | $21,345 | $125,778-83.0% | $114,563-81.4% | $154,746-86.2% |
| Participation rate | 50.0% | 75.2%-25.2pp | 72.9%-22.9pp | 80.7%-30.7pp |
| Annual return | 18.03% | 295.14%-277.1pp | 241.09%-223.1pp | 172.34%-154.3pp |
| Employer contribution / active EE | $318 | $2,806-88.7% | $2,592-87.7% | $4,379-92.7% |
| Participant deferral / active EE | $318 | $4,445-92.8% | $4,142-92.3% | $6,730-95.3% |
| Admin fee / account holder | $48 | $8,190-99.4% | $7,623-99.4% | $14,365-99.7% |