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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 | $37,084 | $30,732+20.7% | $59,496-37.7% | $59,633-37.8% |
| Participation rate | 5.4% | 43.2%-37.8pp | 54.6%-49.2pp | 68.7%-63.3pp |
| Annual return | -0.99% | 4.47%-5.5pp | 182.05%-183.0pp | 2041.45%-2042.4pp |
| Employer contribution / active EE | $103 | $631-83.7% | $1,153-91.1% | $2,203-95.3% |
| Participant deferral / active EE | $203 | $1,183-82.8% | $1,829-88.9% | $3,192-93.6% |
| Admin fee / account holder | $0 | $2,136-100.0% | $2,232-100.0% | $4,297-100.0% |