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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 | $73,908 | $102,422-27.8% | $147,117-49.8% | $80,959-8.7% |
| Participation rate | 16.0% | 75.9%-59.9pp | 82.2%-66.2pp | 67.7%-51.7pp |
| Annual return | 14.83% | 135.16%-120.3pp | 420.54%-405.7pp | 35.67%-20.8pp |
| Employer contribution / active EE | $0 | $3,717-100.0% | $4,932-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $580 | $6,652-91.3% | $8,065-92.8% | $4,300-86.5% |
| Admin fee / account holder | $63 | $7,953-99.2% | $12,993-99.5% | $6,925-99.1% |