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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 | $31,715 | $91,179-65.2% | $178,499-82.2% | $79,852-60.3% |
| Participation rate | 5.3% | 69.2%-63.9pp | 81.9%-76.7pp | 69.6%-64.4pp |
| Annual return | 0.00% | 24.19%-24.2pp | 151.10%-151.1pp | 31.72%-31.7pp |
| Employer contribution / active EE | $330 | $3,256-89.9% | $5,011-93.4% | $2,471-86.7% |
| Participant deferral / active EE | $1,197 | $3,236-63.0% | $5,202-77.0% | $3,740-68.0% |
| Admin fee / account holder | $0 | $6,749-100.0% | $13,986-100.0% | $5,306-100.0% |