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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 | $16,239 | $54,162-70.0% | $68,612-76.3% | $64,173-74.7% |
| Participation rate | 21.2% | 68.1%-46.8pp | 72.2%-51.0pp | 69.6%-48.4pp |
| Annual return | 0.00% | -1.62%+1.6pp | -4.63%+4.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $347 | $1,846-81.2% | $2,625-86.8% | $2,381-85.4% |
| Participant deferral / active EE | $812 | $2,626-69.1% | $3,311-75.5% | $3,470-76.6% |
| Admin fee / account holder | $0 | $4,029-100.0% | $5,131-100.0% | $4,887-100.0% |