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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 | $13,000 | $133,981-90.3% | $112,249-88.4% | $134,532-90.3% |
| Participation rate | 25.0% | 78.6%-53.6pp | 75.1%-50.1pp | 81.2%-56.2pp |
| Annual return | -19.77% | 47.16%-66.9pp | 27.48%-47.3pp | 418.27%-438.0pp |
| Employer contribution / active EE | $0 | $4,040-100.0% | $3,636-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $890 | $5,292-83.2% | $4,729-81.2% | $6,401-86.1% |
| Admin fee / account holder | $162 | $7,492-97.8% | $6,412-97.5% | $11,429-98.6% |