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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 | $33,727 | $225,673-85.1% | $203,872-83.5% | $155,188-78.3% |
| Participation rate | 20.0% | 80.3%-60.3pp | 77.8%-57.8pp | 80.8%-60.8pp |
| Annual return | 16.68% | 95.91%-79.2pp | 85.11%-68.4pp | 148.84%-132.2pp |
| Employer contribution / active EE | $1,000 | $4,099-75.6% | $3,757-73.4% | $4,248-76.5% |
| Participant deferral / active EE | $229 | $6,893-96.7% | $6,388-96.4% | $6,531-96.5% |
| Admin fee / account holder | $0 | $12,327-100.0% | $11,730-100.0% | $14,480-100.0% |