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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 | $7,507 | $58,848-87.2% | $88,179-91.5% | $82,637-90.9% |
| Participation rate | 2.6% | 57.9%-55.3pp | 69.1%-66.6pp | 68.1%-65.5pp |
| Annual return | 26.89% | 22.76%+4.1pp | 64.97%-38.1pp | 53.51%-26.6pp |
| Employer contribution / active EE | $0 | $1,678-100.0% | $2,549-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $54 | $3,124-98.3% | $4,614-98.8% | $4,126-98.7% |
| Admin fee / account holder | $0 | $4,795-100.0% | $7,673-100.0% | $7,339-100.0% |