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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 | $7,663 | $114,013-93.3% | $103,693-92.6% | $155,188-95.1% |
| Participation rate | 33.3% | 75.2%-41.9pp | 72.6%-39.3pp | 80.8%-47.5pp |
| Annual return | 22.34% | 49.31%-27.0pp | 47.61%-25.3pp | 148.84%-126.5pp |
| Employer contribution / active EE | $240 | $3,131-92.3% | $2,920-91.8% | $4,248-94.3% |
| Participant deferral / active EE | $591 | $4,970-88.1% | $4,579-87.1% | $6,531-90.9% |
| Admin fee / account holder | $28 | $8,407-99.7% | $7,858-99.6% | $14,480-99.8% |