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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 | $9,246 | $27,632-66.5% | $61,452-85.0% | $68,486-86.5% |
| Participation rate | 5.8% | 39.5%-33.7pp | 52.6%-46.8pp | 67.9%-62.1pp |
| Annual return | -17.53% | -13.24%-4.3pp | 338.96%-356.5pp | -7.85%-9.7pp |
| Employer contribution / active EE | $0 | $696-100.0% | $1,160-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $84 | $1,264-93.4% | $2,125-96.1% | $4,028-97.9% |
| Admin fee / account holder | $0 | $2,010-100.0% | $2,131-100.0% | $5,404-100.0% |