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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 | $31,097 | $82,324-62.2% | $68,803-54.8% | $134,545-76.9% |
| Participation rate | 17.4% | 75.1%-57.7pp | 69.0%-51.6pp | 81.2%-63.8pp |
| Annual return | -18.90% | -2.17%-16.7pp | -6.37%-12.5pp | 418.37%-437.3pp |
| Employer contribution / active EE | $0 | $3,302-100.0% | $2,656-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $956 | $4,740-79.8% | $3,942-75.8% | $6,401-85.1% |
| Admin fee / account holder | $194 | $6,485-97.0% | $4,936-96.1% | $11,431-98.3% |