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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 | $20,598 | $45,566-54.8% | $64,105-67.9% | $59,633-65.5% |
| Participation rate | 10.5% | 60.2%-49.6pp | 68.2%-57.6pp | 68.7%-58.1pp |
| Annual return | 2.66% | 4.95%-2.3pp | 791.24%-788.6pp | 2041.40%-2038.7pp |
| Employer contribution / active EE | $0 | $934-100.0% | $1,820-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $189 | $2,057-90.8% | $2,822-93.3% | $3,192-94.1% |
| Admin fee / account holder | $91 | $3,268-97.2% | $4,499-98.0% | $4,297-97.9% |