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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 | $9,599 | $49,896-80.8% | $80,627-88.1% | $75,173-87.2% |
| Participation rate | 15.6% | 55.3%-39.7pp | 67.0%-51.4pp | 67.2%-51.6pp |
| Annual return | 20.85% | 34.67%-13.8pp | 936.76%-915.9pp | 160.72%-139.9pp |
| Employer contribution / active EE | $0 | $1,699-100.0% | $2,723-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $942 | $2,992-68.5% | $4,443-78.8% | $4,126-77.2% |
| Admin fee / account holder | $0 | $3,578-100.0% | $5,381-100.0% | $5,651-100.0% |