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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 | $10,082 | $92,684-89.1% | $82,706-87.8% | $134,509-92.5% |
| Participation rate | 30.8% | 75.2%-44.4pp | 72.6%-41.8pp | 81.2%-50.5pp |
| Annual return | -14.57% | 945.84%-960.4pp | 701.76%-716.3pp | 418.13%-432.7pp |
| Employer contribution / active EE | $638 | $3,272-80.5% | $3,007-78.8% | $4,741-86.5% |
| Participant deferral / active EE | $638 | $4,800-86.7% | $4,394-85.5% | $6,400-90.0% |
| Admin fee / account holder | $45 | $5,982-99.2% | $5,329-99.2% | $11,427-99.6% |