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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 | $36,487 | $183,539-80.1% | $155,556-76.5% | $145,897-75.0% |
| Participation rate | 15.4% | 82.7%-67.3pp | 78.2%-62.8pp | 80.3%-64.9pp |
| Annual return | 12.28% | 61.31%-49.0pp | 64.84%-52.6pp | 552.29%-540.0pp |
| Employer contribution / active EE | $0 | $5,315-100.0% | $4,675-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $757 | $6,467-88.3% | $5,631-86.5% | $6,689-88.7% |
| Admin fee / account holder | $45 | $19,275-99.8% | $15,885-99.7% | $13,390-99.7% |