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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 | $2,926 | $27,936-89.5% | $58,561-95.0% | $75,173-96.1% |
| Participation rate | 32.8% | 38.8%-6.0pp | 50.9%-18.0pp | 67.2%-34.4pp |
| Annual return | 16.49% | 44.21%-27.7pp | 4251.33%-4234.8pp | 160.72%-144.2pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,053-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $417 | $1,202-65.3% | $1,923-78.3% | $4,126-89.9% |
| Admin fee / account holder | $261 | $1,727-84.9% | $2,520-89.7% | $5,651-95.4% |