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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 | $35,450 | $95,188-62.8% | $76,518-53.7% | $135,380-73.8% |
| Participation rate | 42.9% | 74.4%-31.5pp | 68.0%-25.1pp | 82.6%-39.8pp |
| Annual return | -2.37% | 4.85%-7.2pp | -0.27%-2.1pp | 519.81%-522.2pp |
| Employer contribution / active EE | $407 | $3,303-87.7% | $2,647-84.6% | $4,779-91.5% |
| Participant deferral / active EE | $461 | $4,640-90.1% | $3,836-88.0% | $5,609-91.8% |
| Admin fee / account holder | $0 | $6,249-100.0% | $4,849-100.0% | $10,828-100.0% |