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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 | $6,175 | $149,040-95.9% | $120,225-94.9% | $137,256-95.5% |
| Participation rate | 6.3% | 75.4%-69.2pp | 69.6%-63.3pp | 80.0%-73.7pp |
| Annual return | 22.13% | 605.68%-583.6pp | 439.23%-417.1pp | 220.34%-198.2pp |
| Employer contribution / active EE | $0 | $4,350-100.0% | $3,475-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $19 | $4,655-99.6% | $3,999-99.5% | $6,407-99.7% |
| Admin fee / account holder | $25 | $6,348-99.6% | $5,696-99.6% | $12,270-99.8% |