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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 | $29,670-86.9% | $56,054-93.1% | $80,911-95.2% |
| Participation rate | 11.3% | 41.7%-30.3pp | 52.5%-41.2pp | 67.6%-56.3pp |
| Annual return | 16.24% | 35.24%-19.0pp | 1705.95%-1689.7pp | 35.63%-19.4pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,039-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $284 | $1,227-76.8% | $1,952-85.4% | $4,297-93.4% |
| Admin fee / account holder | $17 | $2,431-99.3% | $2,822-99.4% | $6,935-99.8% |