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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 | $1,141 | $69,118-98.3% | $53,647-97.9% | $138,895-99.2% |
| Participation rate | 17.6% | 64.0%-46.3pp | 56.3%-38.6pp | 79.9%-62.3pp |
| Annual return | 0.00% | 248.26%-248.3pp | 358.33%-358.3pp | 145.39%-145.4pp |
| Employer contribution / active EE | $88 | $1,189-92.6% | $962-90.9% | $4,194-97.9% |
| Participant deferral / active EE | $108 | $2,274-95.2% | $1,813-94.0% | $6,396-98.3% |
| Admin fee / account holder | $2 | $2,724-99.9% | $2,460-99.9% | $12,562-100.0% |