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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 | $31,748 | $121,701-73.9% | $104,639-69.7% | $158,982-80.0% |
| Participation rate | 40.0% | 77.5%-37.5pp | 74.1%-34.1pp | 82.0%-42.0pp |
| Annual return | 17.54% | 465.72%-448.2pp | 340.67%-323.1pp | 302.99%-285.5pp |
| Employer contribution / active EE | $265 | $3,165-91.6% | $2,682-90.1% | $4,763-94.4% |
| Participant deferral / active EE | $265 | $4,176-93.6% | $3,738-92.9% | $5,983-95.6% |
| Admin fee / account holder | $20 | $7,778-99.7% | $6,465-99.7% | $11,252-99.8% |