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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 | $76,634-94.6% | $56,054-92.7% | $145,978-97.2% |
| Participation rate | 35.3% | 63.2%-27.9pp | 52.5%-17.2pp | 80.3%-45.0pp |
| Annual return | 14.30% | 3004.33%-2990.0pp | 1705.95%-1691.6pp | 550.52%-536.2pp |
| Employer contribution / active EE | $50 | $1,380-96.4% | $1,039-95.2% | $4,662-98.9% |
| Participant deferral / active EE | $50 | $2,622-98.1% | $1,952-97.4% | $6,690-99.3% |
| Admin fee / account holder | $8 | $3,321-99.8% | $2,822-99.7% | $13,400-99.9% |