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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 | $14,730 | $39,798-63.0% | $67,704-78.2% | $59,633-75.3% |
| Participation rate | 28.9% | 57.4%-28.5pp | 67.5%-38.7pp | 68.7%-39.8pp |
| Annual return | -0.49% | 89.94%-90.4pp | 25.41%-25.9pp | 2041.45%-2041.9pp |
| Employer contribution / active EE | $293 | $1,393-79.0% | $2,559-88.6% | $2,203-86.7% |
| Participant deferral / active EE | $360 | $2,335-84.6% | $3,585-90.0% | $3,192-88.7% |
| Admin fee / account holder | $275 | $3,212-91.4% | $4,255-93.5% | $4,297-93.6% |