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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 | $2,396 | $76,634-96.9% | $56,054-95.7% | $145,978-98.4% |
| Participation rate | 50.0% | 63.2%-13.2pp | 52.5%-2.5pp | 80.3%-30.3pp |
| Annual return | 14.86% | 3004.33%-2989.5pp | 1705.95%-1691.1pp | 550.52%-535.7pp |
| Employer contribution / active EE | $35 | $1,380-97.5% | $1,039-96.7% | $4,662-99.3% |
| Participant deferral / active EE | $43 | $2,622-98.4% | $1,952-97.8% | $6,690-99.4% |
| Admin fee / account holder | $4 | $3,321-99.9% | $2,822-99.9% | $13,400-100.0% |