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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 | $34,744 | $29,670+17.1% | $56,054-38.0% | $80,911-57.1% |
| Participation rate | 6.2% | 41.7%-35.5pp | 52.5%-46.3pp | 67.6%-61.5pp |
| Annual return | 14.84% | 35.24%-20.4pp | 1705.95%-1691.1pp | 35.63%-20.8pp |
| Employer contribution / active EE | $202 | $670-69.8% | $1,039-80.5% | $2,756-92.7% |
| Participant deferral / active EE | $215 | $1,227-82.5% | $1,952-89.0% | $4,297-95.0% |
| Admin fee / account holder | $72 | $2,431-97.0% | $2,822-97.5% | $6,935-99.0% |