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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 | $24,149 | $29,359-17.7% | $56,033-56.9% | - |
| Participation rate | 1.0% | 38.0%-37.0pp | 52.5%-51.5pp | - |
| Annual return | 10.80% | 15.65%-4.9pp | 1711.38%-1700.6pp | - |
| Employer contribution / active EE | $0 | $424-100.0% | $1,041-100.0% | - |
| Participant deferral / active EE | $1 | $855-99.9% | $1,954-100.0% | - |
| Admin fee / account holder | $196 | $1,790-89.1% | $2,827-93.1% | - |