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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 | $6,702 | $32,117-79.1% | $71,089-90.6% | $64,173-89.6% |
| Participation rate | 55.6% | 42.7%+12.9pp | 54.6%+0.9pp | 69.6%-14.0pp |
| Annual return | -4.38% | -5.57%+1.2pp | 650.65%-655.0pp | 7.63%-12.0pp |
| Employer contribution / active EE | $0 | $712-100.0% | $1,088-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $74 | $1,263-94.1% | $1,873-96.0% | $3,470-97.9% |
| Admin fee / account holder | $3 | $2,759-99.9% | $3,082-99.9% | $4,887-99.9% |