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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 | $48,514 | $78,707-38.4% | $117,861-58.8% | $70,126-30.8% |
| Participation rate | 35.6% | 73.2%-37.6pp | 79.7%-44.1pp | 69.5%-33.9pp |
| Annual return | 16.50% | 23.30%-6.8pp | 335.11%-318.6pp | 73.15%-56.6pp |
| Employer contribution / active EE | $0 | $2,223-100.0% | $3,786-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $759 | $3,297-77.0% | $4,482-83.1% | $3,332-77.2% |
| Admin fee / account holder | $143 | $5,066-97.2% | $8,021-98.2% | $4,645-96.9% |