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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 | $51,242 | $171,492-70.1% | $150,734-66.0% | $198,609-74.2% |
| Participation rate | 29.4% | 81.4%-52.0pp | 78.4%-49.0pp | 82.4%-53.0pp |
| Annual return | 10.67% | 804.70%-794.0pp | 600.81%-590.1pp | 202.70%-192.0pp |
| Employer contribution / active EE | $0 | $5,470-100.0% | $4,918-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $429 | $6,259-93.1% | $5,610-92.3% | $6,977-93.8% |
| Admin fee / account holder | $104 | $17,628-99.4% | $14,905-99.3% | $19,030-99.5% |