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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 | $4,119 | $76,608-94.6% | $56,077-92.7% | $145,877-97.2% |
| Participation rate | 35.3% | 63.2%-27.9pp | 52.5%-17.2pp | 80.3%-45.0pp |
| Annual return | 14.30% | 3009.59%-2995.3pp | 1709.28%-1695.0pp | 551.28%-537.0pp |
| Employer contribution / active EE | $50 | $1,382-96.4% | $1,040-95.2% | $4,663-98.9% |
| Participant deferral / active EE | $50 | $2,624-98.1% | $1,954-97.4% | $6,691-99.3% |
| Admin fee / account holder | $8 | $3,325-99.8% | $2,825-99.7% | $13,402-99.9% |