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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 | $7,700 | $45,872-83.2% | $77,081-90.0% | $68,495-88.8% |
| Participation rate | 5.2% | 55.9%-50.7pp | 67.9%-62.7pp | 67.9%-62.7pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.33%-42.3pp | -7.84%+7.8pp |
| Employer contribution / active EE | $298 | $1,650-82.0% | $2,813-89.4% | $2,596-88.5% |
| Participant deferral / active EE | $120 | $2,963-95.9% | $4,428-97.3% | $4,028-97.0% |
| Admin fee / account holder | $93 | $3,041-96.9% | $5,427-98.3% | $5,403-98.3% |