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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 | $226,990 | $34,316+561.5% | $74,722+203.8% | $72,975+211.0% |
| Participation rate | 2.4% | 42.4%-40.0pp | 54.5%-52.1pp | 69.5%-67.1pp |
| Annual return | 20.48% | 26.58%-6.1pp | 753.11%-732.6pp | 81.01%-60.5pp |
| Employer contribution / active EE | $119 | $692-82.8% | $1,084-89.1% | $2,440-95.1% |
| Participant deferral / active EE | $308 | $1,272-75.8% | $1,963-84.3% | $3,608-91.5% |
| Admin fee / account holder | $0 | $2,125-100.0% | $3,335-100.0% | $5,124-100.0% |