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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 | $33,396 | $57,350-41.8% | $83,850-60.2% | $64,181-48.0% |
| Participation rate | 38.5% | 68.6%-30.1pp | 76.1%-37.7pp | 69.6%-31.1pp |
| Annual return | -4.27% | 11.38%-15.7pp | 850.92%-855.2pp | 7.63%-11.9pp |
| Employer contribution / active EE | $0 | $2,545-100.0% | $3,631-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $798 | $2,993-73.3% | $4,082-80.5% | $3,470-77.0% |
| Admin fee / account holder | $58 | $4,046-98.6% | $5,478-98.9% | $4,887-98.8% |