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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 | $1,535 | $25,979-94.1% | $71,702-97.9% | $68,495-97.8% |
| Participation rate | 2.4% | 54.5%-52.1pp | 62.3%-60.0pp | 67.9%-65.5pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.14%-9.1pp | -7.84%+7.8pp |
| Employer contribution / active EE | $0 | $900-100.0% | $1,704-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $88 | $1,522-94.2% | $2,658-96.7% | $4,028-97.8% |
| Admin fee / account holder | $280 | $2,022-86.1% | $3,974-93.0% | $5,403-94.8% |