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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 | $29,209 | $111,785-73.9% | $93,669-68.8% | $145,877-80.0% |
| Participation rate | 50.0% | 74.2%-24.2pp | 68.7%-18.7pp | 80.3%-30.3pp |
| Annual return | 11.33% | 203.79%-192.5pp | 133.59%-122.3pp | 551.28%-540.0pp |
| Employer contribution / active EE | $950 | $3,096-69.3% | $2,424-60.8% | $4,663-79.6% |
| Participant deferral / active EE | $950 | $4,919-80.7% | $4,416-78.5% | $6,691-85.8% |
| Admin fee / account holder | $202 | $10,256-98.0% | $8,291-97.6% | $13,402-98.5% |