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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 | $4,080 | $36,948-89.0% | $73,658-94.5% | $87,485-95.3% |
| Participation rate | 3.7% | 46.8%-43.1pp | 57.0%-53.3pp | 68.9%-65.2pp |
| Annual return | 22.70% | 28.64%-5.9pp | 29.72%-7.0pp | 26.06%-3.4pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,032-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $68 | $1,379-95.1% | $2,062-96.7% | $4,274-98.4% |
| Admin fee / account holder | $245 | $2,531-90.3% | $3,357-92.7% | $7,775-96.8% |