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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 | $4,629 | $88,754-94.8% | $81,820-94.3% | $145,877-96.8% |
| Participation rate | 36.8% | 75.1%-38.2pp | 72.4%-35.5pp | 80.3%-43.5pp |
| Annual return | 14.88% | 1031.77%-1016.9pp | 777.93%-763.0pp | 551.28%-536.4pp |
| Employer contribution / active EE | $523 | $3,085-83.0% | $2,915-82.0% | $4,663-88.8% |
| Participant deferral / active EE | $523 | $4,648-88.7% | $4,323-87.9% | $6,691-92.2% |
| Admin fee / account holder | $223 | $8,424-97.3% | $7,391-97.0% | $13,402-98.3% |