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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 | $23,055 | $46,877-50.8% | $122,354-81.2% | $70,126-67.1% |
| Participation rate | 4.4% | 58.2%-53.8pp | 71.6%-67.2pp | 69.5%-65.1pp |
| Annual return | 0.00% | 24.22%-24.2pp | 30.28%-30.3pp | 73.15%-73.1pp |
| Employer contribution / active EE | $76 | $1,288-94.1% | $4,051-98.1% | $2,343-96.7% |
| Participant deferral / active EE | $933 | $2,167-56.9% | $3,287-71.6% | $3,332-72.0% |
| Admin fee / account holder | $0 | $3,324-100.0% | $5,479-100.0% | $4,645-100.0% |