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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 | $5,647 | $29,319-80.7% | $52,425-89.2% | $82,448-93.2% |
| Participation rate | 25.0% | 46.9%-21.9pp | 55.6%-30.6pp | 68.1%-43.1pp |
| Annual return | 23.46% | 535.20%-511.7pp | 302.12%-278.7pp | 41.64%-18.2pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $695 | $1,171-40.7% | $1,790-61.2% | $4,139-83.2% |
| Admin fee / account holder | $32 | $1,962-98.3% | $2,495-98.7% | $7,234-99.6% |