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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 | $8,575 | $29,716-71.1% | $56,077-84.7% | $80,925-89.4% |
| Participation rate | 6.7% | 41.7%-35.0pp | 52.5%-45.8pp | 67.7%-61.0pp |
| Annual return | 15.03% | 35.30%-20.3pp | 1709.28%-1694.2pp | 35.65%-20.6pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,040-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $49 | $1,228-96.0% | $1,954-97.5% | $4,299-98.9% |
| Admin fee / account holder | $28 | $2,432-98.9% | $2,825-99.0% | $6,940-99.6% |