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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 | $29,293 | $167,353-82.5% | $143,797-79.6% | $134,545-78.2% |
| Participation rate | 13.3% | 84.8%-71.5pp | 80.3%-67.0pp | 81.2%-67.9pp |
| Annual return | -13.58% | 0.48%-14.1pp | -0.04%-13.5pp | 418.37%-432.0pp |
| Employer contribution / active EE | $0 | $5,620-100.0% | $4,952-100.0% | $4,742-100.0% |
| Participant deferral / active EE | $391 | $6,447-93.9% | $5,638-93.1% | $6,401-93.9% |
| Admin fee / account holder | $0 | $18,096-100.0% | $14,679-100.0% | $11,431-100.0% |