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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 | $1,013 | $69,118-98.5% | $53,647-98.1% | $138,895-99.3% |
| Participation rate | 42.9% | 64.0%-21.1pp | 56.3%-13.4pp | 79.9%-37.1pp |
| Annual return | 31.13% | 248.26%-217.1pp | 358.33%-327.2pp | 145.39%-114.3pp |
| Employer contribution / active EE | $155 | $1,189-87.0% | $962-83.9% | $4,194-96.3% |
| Participant deferral / active EE | $221 | $2,274-90.3% | $1,813-87.8% | $6,396-96.5% |
| Admin fee / account holder | $0 | $2,724-100.0% | $2,460-100.0% | $12,562-100.0% |