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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 | $36,761 | $88,707-58.6% | $74,184-50.4% | $273,972-86.6% |
| Participation rate | 36.4% | 79.4%-43.1pp | 76.6%-40.3pp | 83.0%-46.7pp |
| Annual return | 0.00% | 11.94%-11.9pp | 17.74%-17.7pp | 41.46%-41.5pp |
| Employer contribution / active EE | $525 | $3,159-83.4% | $2,370-77.8% | $4,869-89.2% |
| Participant deferral / active EE | $983 | $4,212-76.7% | $3,550-72.3% | $5,287-81.4% |
| Admin fee / account holder | $1 | $8,717-100.0% | $5,586-100.0% | $10,133-100.0% |