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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 | $11,017 | $106,557-89.7% | $91,227-87.9% | $134,545-91.8% |
| Participation rate | 64.7% | 76.8%-12.1pp | 73.2%-8.5pp | 81.2%-16.5pp |
| Annual return | 21.13% | 160.81%-139.7pp | 114.14%-93.0pp | 418.37%-397.2pp |
| Employer contribution / active EE | $557 | $3,332-83.3% | $2,851-80.5% | $4,742-88.3% |
| Participant deferral / active EE | $571 | $4,719-87.9% | $4,234-86.5% | $6,401-91.1% |
| Admin fee / account holder | $3 | $6,235-100.0% | $5,423-100.0% | $11,431-100.0% |