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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 | $2,353 | $29,733-92.1% | $56,025-95.8% | $80,959-97.1% |
| Participation rate | 10.5% | 41.7%-31.2pp | 52.5%-42.0pp | 67.7%-57.1pp |
| Annual return | 32.63% | 35.28%-2.7pp | 1712.69%-1680.1pp | 35.67%-3.0pp |
| Employer contribution / active EE | $0 | $672-100.0% | $1,042-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $203 | $1,229-83.5% | $1,955-89.6% | $4,300-95.3% |
| Admin fee / account holder | $6 | $2,434-99.8% | $2,828-99.8% | $6,925-99.9% |