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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 | $10,790 | $90,489-88.1% | $76,051-85.8% | $145,978-92.6% |
| Participation rate | 26.7% | 74.5%-47.8pp | 69.1%-42.4pp | 80.3%-53.6pp |
| Annual return | 11.16% | 622.78%-611.6pp | 360.42%-349.3pp | 550.52%-539.4pp |
| Employer contribution / active EE | $670 | $3,319-79.8% | $2,690-75.1% | $4,662-85.6% |
| Participant deferral / active EE | $927 | $5,164-82.1% | $4,257-78.2% | $6,690-86.1% |
| Admin fee / account holder | $53 | $8,374-99.4% | $6,416-99.2% | $13,400-99.6% |