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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 | $41,638 | $43,730-4.8% | $121,220-65.7% | $64,173-35.1% |
| Participation rate | 19.7% | 58.3%-38.6pp | 71.8%-52.1pp | 69.6%-49.9pp |
| Annual return | -7.00% | 68.94%-75.9pp | 16.94%-23.9pp | 7.63%-14.6pp |
| Employer contribution / active EE | $0 | $1,297-100.0% | $4,023-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $870 | $2,281-61.9% | $3,345-74.0% | $3,470-74.9% |
| Admin fee / account holder | $2 | $3,502-99.9% | $5,021-100.0% | $4,887-100.0% |