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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 | $2,145 | $29,319-92.7% | $52,425-95.9% | $82,448-97.4% |
| Participation rate | 4.3% | 46.9%-42.6pp | 55.6%-51.3pp | 68.1%-63.8pp |
| Annual return | 32.09% | 535.20%-503.1pp | 302.12%-270.0pp | 41.64%-9.5pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $55 | $1,171-95.3% | $1,790-96.9% | $4,139-98.7% |
| Admin fee / account holder | $69 | $1,962-96.5% | $2,495-97.2% | $7,234-99.0% |