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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 | $17,315 | $27,639-37.4% | $61,501-71.8% | $68,490-74.7% |
| Participation rate | 17.9% | 39.5%-21.7pp | 52.6%-34.7pp | 67.9%-50.0pp |
| Annual return | -16.78% | -13.19%-3.6pp | 339.04%-355.8pp | -7.85%-8.9pp |
| Employer contribution / active EE | $0 | $696-100.0% | $1,160-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $61 | $1,264-95.2% | $2,125-97.1% | $4,028-98.5% |
| Admin fee / account holder | $17 | $2,012-99.2% | $2,132-99.2% | $5,403-99.7% |