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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 | $29,736+16.8% | $56,033-38.0% | $80,935-57.1% |
| Participation rate | 6.2% | 41.7%-35.5pp | 52.5%-46.3pp | 67.7%-61.5pp |
| Annual return | 14.84% | 35.28%-20.4pp | 1711.38%-1696.5pp | 35.66%-20.8pp |
| Employer contribution / active EE | $202 | $671-69.9% | $1,041-80.6% | $2,757-92.7% |
| Participant deferral / active EE | $215 | $1,228-82.5% | $1,954-89.0% | $4,299-95.0% |
| Admin fee / account holder | $72 | $2,434-97.0% | $2,827-97.5% | $6,924-99.0% |