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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 | $1,563 | $67,823-97.7% | $52,425-97.0% | $137,256-98.9% |
| Participation rate | 50.0% | 63.9%-13.9pp | 55.6%-5.6pp | 80.0%-30.0pp |
| Annual return | 17.26% | 219.11%-201.9pp | 302.12%-284.9pp | 220.34%-203.1pp |
| Employer contribution / active EE | $217 | $1,163-81.4% | $914-76.3% | $4,156-94.8% |
| Participant deferral / active EE | $195 | $2,288-91.5% | $1,790-89.1% | $6,407-97.0% |
| Admin fee / account holder | $27 | $2,844-99.0% | $2,495-98.9% | $12,270-99.8% |