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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 | $14,712 | $102,696-85.7% | $86,235-82.9% | $139,487-89.5% |
| Participation rate | 64.7% | 74.5%-9.8pp | 69.0%-4.3pp | 80.3%-15.6pp |
| Annual return | 21.71% | 1925.91%-1904.2pp | 1170.03%-1148.3pp | 373.84%-352.1pp |
| Employer contribution / active EE | $2,946 | $3,034-2.9% | $2,381+23.7% | $4,755-38.0% |
| Participant deferral / active EE | $859 | $4,679-81.6% | $3,987-78.5% | $6,713-87.2% |
| Admin fee / account holder | $208 | $8,667-97.6% | $6,856-97.0% | $11,407-98.2% |