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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 | $17,983 | $109,863-83.6% | $98,477-81.7% | $167,518-89.3% |
| Participation rate | 37.5% | 75.8%-38.3pp | 73.3%-35.8pp | 82.1%-44.6pp |
| Annual return | 11.39% | 1958.09%-1946.7pp | 1493.59%-1482.2pp | 478.71%-467.3pp |
| Employer contribution / active EE | $423 | $3,225-86.9% | $2,961-85.7% | $4,838-91.3% |
| Participant deferral / active EE | $862 | $4,673-81.6% | $4,276-79.8% | $6,342-86.4% |
| Admin fee / account holder | $35 | $6,755-99.5% | $5,951-99.4% | $12,312-99.7% |