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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 | $26,533 | $58,391-54.6% | $76,657-65.4% | $72,975-63.6% |
| Participation rate | 22.7% | 67.4%-44.6pp | 72.1%-49.4pp | 69.5%-46.8pp |
| Annual return | 0.00% | 2306.65%-2306.6pp | 1166.74%-1166.7pp | 81.01%-81.0pp |
| Employer contribution / active EE | $618 | $1,787-65.4% | $2,303-73.2% | $2,440-74.7% |
| Participant deferral / active EE | $990 | $2,690-63.2% | $3,335-70.3% | $3,608-72.6% |
| Admin fee / account holder | $0 | $4,014-100.0% | $6,423-100.0% | $5,124-100.0% |