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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 | $9,158 | $27,632-66.9% | $61,399-85.1% | $68,495-86.6% |
| Participation rate | 6.0% | 39.5%-33.5pp | 52.6%-46.6pp | 67.9%-61.9pp |
| Annual return | -18.82% | -13.24%-5.6pp | 338.81%-357.6pp | -7.84%-11.0pp |
| Employer contribution / active EE | $0 | $696-100.0% | $1,159-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $120 | $1,264-90.5% | $2,124-94.3% | $4,028-97.0% |
| Admin fee / account holder | $139 | $2,010-93.1% | $2,131-93.5% | $5,403-97.4% |