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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 | $17,959 | $53,063-66.2% | $124,206-85.5% | $82,637-78.3% |
| Participation rate | 4.3% | 58.4%-54.2pp | 69.6%-65.3pp | 68.1%-63.8pp |
| Annual return | 16.96% | 68.87%-51.9pp | 515.27%-498.3pp | 53.51%-36.5pp |
| Employer contribution / active EE | $0 | $1,530-100.0% | $3,540-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $308 | $2,644-88.3% | $3,968-92.2% | $4,126-92.5% |
| Admin fee / account holder | $288 | $4,281-93.3% | $5,929-95.1% | $7,339-96.1% |