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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 | $16,982 | $39,028-56.5% | $80,741-79.0% | $85,847-80.2% |
| Participation rate | 6.6% | 41.6%-35.0pp | 54.2%-47.6pp | 69.3%-62.8pp |
| Annual return | 18.86% | 26.31%-7.5pp | 87.30%-68.4pp | 318.61%-299.7pp |
| Employer contribution / active EE | $126 | $722-82.6% | $1,160-89.1% | $2,565-95.1% |
| Participant deferral / active EE | $165 | $1,326-87.5% | $2,145-92.3% | $3,952-95.8% |
| Admin fee / account holder | $12 | $2,429-99.5% | $3,380-99.6% | $6,261-99.8% |