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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 | $13,775 | $45,872-70.0% | $77,100-82.1% | $68,490-79.9% |
| Participation rate | 50.0% | 55.9%-5.9pp | 67.9%-17.9pp | 67.9%-17.9pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.4pp | -7.85%+7.9pp |
| Employer contribution / active EE | $612 | $1,650-62.9% | $2,815-78.3% | $2,597-76.4% |
| Participant deferral / active EE | $612 | $2,963-79.3% | $4,430-86.2% | $4,028-84.8% |
| Admin fee / account holder | $59 | $3,041-98.1% | $5,443-98.9% | $5,403-98.9% |