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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 | $39,116 | $29,319+33.4% | $52,425-25.4% | $82,448-52.6% |
| Participation rate | 20.0% | 46.9%-26.9pp | 55.6%-35.6pp | 68.1%-48.1pp |
| Annual return | 24.16% | 535.20%-511.0pp | 302.12%-278.0pp | 41.64%-17.5pp |
| Employer contribution / active EE | $76 | $586-87.1% | $914-91.7% | $2,551-97.0% |
| Participant deferral / active EE | $116 | $1,171-90.1% | $1,790-93.5% | $4,139-97.2% |
| Admin fee / account holder | $0 | $1,962-100.0% | $2,495-100.0% | $7,234-100.0% |