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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 | $3,195 | $29,736-89.3% | $56,033-94.3% | $80,935-96.1% |
| Participation rate | 4.5% | 41.7%-37.2pp | 52.5%-47.9pp | 67.7%-63.1pp |
| Annual return | 16.45% | 35.28%-18.8pp | 1711.38%-1694.9pp | 35.66%-19.2pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,041-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $103 | $1,228-91.7% | $1,954-94.8% | $4,299-97.6% |
| Admin fee / account holder | $12 | $2,434-99.5% | $2,827-99.6% | $6,924-99.8% |