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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 | $8,629 | $29,319-70.6% | $52,425-83.5% | $82,448-89.5% |
| Participation rate | 16.1% | 46.9%-30.7pp | 55.6%-39.5pp | 68.1%-51.9pp |
| Annual return | 24.67% | 535.20%-510.5pp | 302.12%-277.4pp | 41.64%-17.0pp |
| Employer contribution / active EE | $192 | $586-67.2% | $914-79.0% | $2,551-92.5% |
| Participant deferral / active EE | $218 | $1,171-81.4% | $1,790-87.8% | $4,139-94.7% |
| Admin fee / account holder | $47 | $1,962-97.6% | $2,495-98.1% | $7,234-99.4% |