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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 | $22,854 | $105,867-78.4% | $90,760-74.8% | $134,532-83.0% |
| Participation rate | 69.2% | 78.3%-9.0pp | 75.7%-6.5pp | 81.2%-12.0pp |
| Annual return | -5.93% | -10.99%+5.1pp | -12.16%+6.2pp | 418.27%-424.2pp |
| Employer contribution / active EE | $0 | $3,464-100.0% | $2,922-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $146 | $5,217-97.2% | $4,565-96.8% | $6,401-97.7% |
| Admin fee / account holder | $189 | $13,936-98.6% | $8,444-97.8% | $11,429-98.3% |