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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 | $1,988 | $29,319-93.2% | $52,425-96.2% | $82,448-97.6% |
| Participation rate | 2.6% | 46.9%-44.3pp | 55.6%-53.1pp | 68.1%-65.5pp |
| Annual return | 23.11% | 535.20%-512.1pp | 302.12%-279.0pp | 41.64%-18.5pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $12 | $1,171-99.0% | $1,790-99.3% | $4,139-99.7% |
| Admin fee / account holder | $7 | $1,962-99.6% | $2,495-99.7% | $7,234-99.9% |