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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 | $19,607 | $82,674-76.3% | $125,381-84.4% | $68,486-71.4% |
| Participation rate | 31.7% | 75.1%-43.3pp | 82.4%-50.6pp | 67.9%-36.1pp |
| Annual return | 0.00% | -5.97%+6.0pp | 572.31%-572.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $853 | $3,382-74.8% | $4,815-82.3% | $2,597-67.1% |
| Participant deferral / active EE | $1,982 | $6,111-67.6% | $7,448-73.4% | $4,028-50.8% |
| Admin fee / account holder | $10 | $6,277-99.8% | $10,007-99.9% | $5,404-99.8% |