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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 | $38,424 | $67,602-43.2% | $82,312-53.3% | $70,126-45.2% |
| Participation rate | 14.1% | 72.8%-58.7pp | 76.9%-62.8pp | 69.5%-55.5pp |
| Annual return | 114.15% | 21.57%+92.6pp | 25.88%+88.3pp | 73.15%+41.0pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $460 | $2,987-84.6% | $3,706-87.6% | $3,332-86.2% |
| Admin fee / account holder | $24 | $4,512-99.5% | $5,608-99.6% | $4,645-99.5% |