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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 | $105,866-63.9% | $90,766-57.9% | $134,545-71.6% |
| Participation rate | 33.3% | 78.3%-44.9pp | 75.7%-42.4pp | 81.2%-47.9pp |
| Annual return | -12.85% | -10.99%-1.9pp | -12.16%-0.7pp | 418.37%-431.2pp |
| Employer contribution / active EE | $0 | $3,464-100.0% | $2,922-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $470 | $5,217-91.0% | $4,565-89.7% | $6,401-92.7% |
| Admin fee / account holder | $199 | $13,938-98.6% | $8,446-97.6% | $11,431-98.3% |