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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 | $40,959 | $116,190-64.7% | $93,614-56.2% | $152,885-73.2% |
| Participation rate | 65.0% | 78.0%-13.0pp | 75.8%-10.8pp | 82.5%-17.5pp |
| Annual return | 0.00% | 35.96%-36.0pp | 32.76%-32.8pp | 345.39%-345.4pp |
| Employer contribution / active EE | $1,078 | $3,219-66.5% | $2,718-60.4% | $4,763-77.4% |
| Participant deferral / active EE | $424 | $4,604-90.8% | $4,069-89.6% | $5,851-92.8% |
| Admin fee / account holder | $77 | $10,749-99.3% | $7,889-99.0% | $11,598-99.3% |