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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 | $0 | $60,165-100.0% | $74,184-100.0% | $55,167-100.0% |
| Participation rate | 0.0% | 74.2%-74.2pp | 76.6%-76.6pp | 69.0%-69.0pp |
| Annual return | 7.72% | 10.00%-2.3pp | 17.74%-10.0pp | 169.23%-161.5pp |
| Employer contribution / active EE | $552 | $1,600-65.5% | $2,370-76.7% | $1,963-71.9% |
| Participant deferral / active EE | $1,259 | $2,973-57.7% | $3,550-64.5% | $3,054-58.8% |
| Admin fee / account holder | $0 | $419-100.0% | $5,586-100.0% | $504-100.0% |