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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 | $30,158 | $70,002-56.9% | $115,037-73.8% | $52,331-42.4% |
| Participation rate | 42.0% | 72.1%-30.1pp | 81.4%-39.4pp | 68.1%-26.1pp |
| Annual return | 0.00% | 4.04%-4.0pp | 26.14%-26.1pp | 4.54%-4.5pp |
| Employer contribution / active EE | $0 | $2,715-100.0% | $4,608-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $166 | $4,920-96.6% | $6,026-97.3% | $3,022-94.5% |
| Admin fee / account holder | $15 | $566-97.3% | $8,175-99.8% | $592-97.4% |