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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 | $38,950 | $59,116-34.1% | $86,438-54.9% | $68,486-43.1% |
| Participation rate | 41.2% | 75.2%-34.1pp | 80.3%-39.2pp | 67.9%-26.7pp |
| Annual return | -8.50% | -0.23%-8.3pp | 4397.19%-4405.7pp | -7.85%-0.6pp |
| Employer contribution / active EE | $0 | $2,519-100.0% | $3,769-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,076 | $5,902-64.8% | $6,952-70.1% | $4,028-48.5% |
| Admin fee / account holder | $0 | $5,639-100.0% | $6,733-100.0% | $5,404-100.0% |