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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 | $4,945 | $29,736-83.4% | $56,033-91.2% | $80,935-93.9% |
| Participation rate | 2.0% | 41.7%-39.7pp | 52.5%-50.5pp | 67.7%-65.6pp |
| Annual return | 16.83% | 35.28%-18.4pp | 1711.38%-1694.5pp | 35.66%-18.8pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,041-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $43 | $1,228-96.5% | $1,954-97.8% | $4,299-99.0% |
| Admin fee / account holder | $17 | $2,434-99.3% | $2,827-99.4% | $6,924-99.8% |