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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 | $3,709 | $25,014-85.2% | $69,623-94.7% | $80,935-95.4% |
| Participation rate | 3.2% | 64.2%-61.0pp | 66.4%-63.2pp | 67.7%-64.4pp |
| Annual return | 0.00% | 19.08%-19.1pp | 101.23%-101.2pp | 35.66%-35.7pp |
| Employer contribution / active EE | $0 | $991-100.0% | $1,709-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $120 | $1,840-93.5% | $2,890-95.8% | $4,299-97.2% |
| Admin fee / account holder | $257 | $2,491-89.7% | $4,696-94.5% | $6,924-96.3% |