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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 | $36,495 | $91,198-60.0% | $178,503-79.6% | $79,856-54.3% |
| Participation rate | 1.5% | 69.2%-67.7pp | 81.9%-80.4pp | 69.6%-68.1pp |
| Annual return | 14.22% | 24.20%-10.0pp | 151.12%-136.9pp | 31.71%-17.5pp |
| Employer contribution / active EE | $0 | $3,257-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $63 | $3,237-98.1% | $5,202-98.8% | $3,741-98.3% |
| Admin fee / account holder | $236 | $6,748-96.5% | $13,987-98.3% | $5,306-95.6% |