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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 | $10,239 | $37,156-72.4% | $83,854-87.8% | $86,983-88.2% |
| Participation rate | 5.0% | 49.1%-44.1pp | 59.1%-54.1pp | 69.5%-64.5pp |
| Annual return | 23.80% | 29.88%-6.1pp | 31.39%-7.6pp | 25.83%-2.0pp |
| Employer contribution / active EE | $0 | $661-100.0% | $1,017-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $151 | $1,418-89.3% | $2,035-92.6% | $4,194-96.4% |
| Admin fee / account holder | $20 | $2,510-99.2% | $3,197-99.4% | $7,856-99.7% |