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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 | $6,883 | $96,388-92.9% | $80,627-91.5% | $139,466-95.1% |
| Participation rate | 16.7% | 73.6%-57.0pp | 67.0%-50.3pp | 80.3%-63.7pp |
| Annual return | 23.52% | 1352.08%-1328.6pp | 936.76%-913.2pp | 373.66%-350.1pp |
| Employer contribution / active EE | $500 | $3,260-84.7% | $2,723-81.6% | $4,754-89.5% |
| Participant deferral / active EE | $552 | $5,224-89.4% | $4,443-87.6% | $6,712-91.8% |
| Admin fee / account holder | $230 | $6,603-96.5% | $5,381-95.7% | $11,409-98.0% |