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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 | $21,846 | $107,941-79.8% | $91,994-76.3% | $152,897-85.7% |
| Participation rate | 50.0% | 81.2%-31.2pp | 78.6%-28.6pp | 82.5%-32.5pp |
| Annual return | 31.59% | 89.28%-57.7pp | 69.04%-37.4pp | 345.43%-313.8pp |
| Employer contribution / active EE | $709 | $4,212-83.2% | $3,453-79.5% | $4,764-85.1% |
| Participant deferral / active EE | $1,368 | $6,366-78.5% | $5,924-76.9% | $5,851-76.6% |
| Admin fee / account holder | $0 | $10,521-100.0% | $7,744-100.0% | $11,599-100.0% |