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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 | $29,383 | $90,530-67.5% | $76,030-61.4% | $145,897-79.9% |
| Participation rate | 28.6% | 74.4%-45.9pp | 69.1%-40.5pp | 80.3%-51.7pp |
| Annual return | 17.01% | 625.08%-608.1pp | 361.54%-344.5pp | 552.29%-535.3pp |
| Employer contribution / active EE | $663 | $3,319-80.0% | $2,688-75.3% | $4,663-85.8% |
| Participant deferral / active EE | $914 | $5,164-82.3% | $4,257-78.5% | $6,689-86.3% |
| Admin fee / account holder | $182 | $8,383-97.8% | $6,421-97.2% | $13,390-98.6% |