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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 | $20,195 | $99,032-79.6% | $80,022-74.8% | $135,380-85.1% |
| Participation rate | 65.0% | 78.4%-13.4pp | 75.8%-10.8pp | 82.6%-17.6pp |
| Annual return | -6.45% | 15.39%-21.8pp | 11.22%-17.7pp | 519.81%-526.3pp |
| Employer contribution / active EE | $0 | $3,043-100.0% | $2,468-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $113 | $4,282-97.4% | $3,686-96.9% | $5,609-98.0% |
| Admin fee / account holder | $172 | $10,436-98.4% | $6,521-97.4% | $10,828-98.4% |