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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 | $18,560 | $29,319-36.7% | $52,425-64.6% | $82,448-77.5% |
| Participation rate | 1.5% | 46.9%-45.3pp | 55.6%-54.1pp | 68.1%-66.5pp |
| Annual return | 20.68% | 535.20%-514.5pp | 302.12%-281.4pp | 41.64%-21.0pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $70 | $1,171-94.0% | $1,790-96.1% | $4,139-98.3% |
| Admin fee / account holder | $67 | $1,962-96.6% | $2,495-97.3% | $7,234-99.1% |