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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 | $17,959 | $52,353-65.7% | $120,225-85.1% | $82,448-78.2% |
| Participation rate | 4.3% | 58.3%-54.1pp | 69.6%-65.3pp | 68.1%-63.8pp |
| Annual return | 16.96% | 61.85%-44.9pp | 439.23%-422.3pp | 41.64%-24.7pp |
| Employer contribution / active EE | $0 | $1,510-100.0% | $3,475-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $308 | $2,627-88.3% | $3,999-92.3% | $4,139-92.6% |
| Admin fee / account holder | $288 | $4,363-93.4% | $5,696-94.9% | $7,234-96.0% |