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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 | $5,470 | $51,202-89.3% | $70,548-92.2% | $75,181-92.7% |
| Participation rate | 53.3% | 61.0%-7.6pp | 68.3%-15.0pp | 67.2%-13.9pp |
| Annual return | 0.00% | 30.05%-30.1pp | 32.78%-32.8pp | 160.69%-160.7pp |
| Employer contribution / active EE | $0 | $1,827-100.0% | $2,975-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,338 | $2,850-53.1% | $4,567-70.7% | $4,126-67.6% |
| Admin fee / account holder | $10 | $4,094-99.8% | $6,424-99.8% | $5,650-99.8% |