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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 | $3,890 | $29,733-86.9% | $56,025-93.1% | $80,959-95.2% |
| Participation rate | 11.3% | 41.7%-30.4pp | 52.5%-41.2pp | 67.7%-56.3pp |
| Annual return | 16.24% | 35.28%-19.0pp | 1712.69%-1696.4pp | 35.67%-19.4pp |
| Employer contribution / active EE | $0 | $672-100.0% | $1,042-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $284 | $1,229-76.9% | $1,955-85.5% | $4,300-93.4% |
| Admin fee / account holder | $17 | $2,434-99.3% | $2,828-99.4% | $6,925-99.8% |