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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,979 | $45,566-45.2% | $64,105-61.0% | $59,633-58.1% |
| Participation rate | 33.8% | 60.2%-26.4pp | 68.2%-34.4pp | 68.7%-34.9pp |
| Annual return | 0.00% | 4.95%-4.9pp | 791.24%-791.2pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $0 | $934-100.0% | $1,820-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,069 | $2,057-48.0% | $2,822-62.1% | $3,192-66.5% |
| Admin fee / account holder | $62 | $3,268-98.1% | $4,499-98.6% | $4,297-98.5% |