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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 | $24,450 | $84,551-71.1% | $61,452-60.2% | $134,532-81.8% |
| Participation rate | 38.5% | 62.2%-23.7pp | 52.6%-14.1pp | 81.2%-42.8pp |
| Annual return | -17.37% | 585.39%-602.8pp | 338.96%-356.3pp | 418.27%-435.6pp |
| Employer contribution / active EE | $0 | $1,545-100.0% | $1,160-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $689 | $2,818-75.5% | $2,125-67.5% | $6,401-89.2% |
| Admin fee / account holder | $256 | $2,587-90.1% | $2,131-88.0% | $11,429-97.8% |