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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 | $3,316 | $29,733-88.8% | $56,025-94.1% | $80,959-95.9% |
| Participation rate | 52.8% | 41.7%+11.1pp | 52.5%+0.3pp | 67.7%-14.9pp |
| Annual return | 12.29% | 35.28%-23.0pp | 1712.69%-1700.4pp | 35.67%-23.4pp |
| Employer contribution / active EE | $126 | $672-81.3% | $1,042-87.9% | $2,757-95.4% |
| Participant deferral / active EE | $126 | $1,229-89.8% | $1,955-93.6% | $4,300-97.1% |
| Admin fee / account holder | $245 | $2,434-89.9% | $2,828-91.3% | $6,925-96.5% |