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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 | $1,964 | $29,716-93.4% | $56,077-96.5% | $80,925-97.6% |
| Participation rate | 3.8% | 41.7%-37.9pp | 52.5%-48.7pp | 67.7%-63.8pp |
| Annual return | 16.18% | 35.30%-19.1pp | 1709.28%-1693.1pp | 35.65%-19.5pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,040-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $15 | $1,228-98.8% | $1,954-99.2% | $4,299-99.6% |
| Admin fee / account holder | $8 | $2,432-99.7% | $2,825-99.7% | $6,940-99.9% |