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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 | $6,734 | $32,037-79.0% | $69,182-90.3% | $62,881-89.3% |
| Participation rate | 3.9% | 43.4%-39.5pp | 55.1%-51.2pp | 69.3%-65.4pp |
| Annual return | 7.46% | 15.16%-7.7pp | -21.93%+29.4pp | 20.14%-12.7pp |
| Employer contribution / active EE | $74 | $679-89.1% | $1,206-93.9% | $2,281-96.8% |
| Participant deferral / active EE | $106 | $1,185-91.1% | $1,897-94.4% | $3,203-96.7% |
| Admin fee / account holder | $0 | $2,608-100.0% | $2,697-100.0% | $4,296-100.0% |