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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 | $38,213 | $105,853-63.9% | $90,752-57.9% | $134,493-71.6% |
| Participation rate | 33.3% | 78.2%-44.9pp | 75.7%-42.4pp | 81.2%-47.9pp |
| Annual return | -12.85% | -10.99%-1.9pp | -12.16%-0.7pp | 418.01%-430.9pp |
| Employer contribution / active EE | $0 | $3,462-100.0% | $2,921-100.0% | $4,740-100.0% |
| Participant deferral / active EE | $470 | $5,216-91.0% | $4,564-89.7% | $6,400-92.6% |
| Admin fee / account holder | $199 | $13,938-98.6% | $8,446-97.6% | $11,425-98.3% |