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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 | $38,559 | $108,922-64.6% | $100,398-61.6% | $145,978-73.6% |
| Participation rate | 21.4% | 83.0%-61.5pp | 81.5%-60.1pp | 80.3%-58.9pp |
| Annual return | 15.38% | 58.04%-42.7pp | 49.32%-33.9pp | 550.52%-535.1pp |
| Employer contribution / active EE | $0 | $4,426-100.0% | $3,946-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $682 | $8,450-91.9% | $8,084-91.6% | $6,690-89.8% |
| Admin fee / account holder | $85 | $9,680-99.1% | $7,893-98.9% | $13,400-99.4% |