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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 | $24,143 | $29,319-17.7% | $52,425-53.9% | $82,448-70.7% |
| Participation rate | 6.1% | 46.9%-40.7pp | 55.6%-49.5pp | 68.1%-61.9pp |
| Annual return | 20.62% | 535.20%-514.6pp | 302.12%-281.5pp | 41.64%-21.0pp |
| Employer contribution / active EE | $30 | $586-94.9% | $914-96.7% | $2,551-98.8% |
| Participant deferral / active EE | $571 | $1,171-51.2% | $1,790-68.1% | $4,139-86.2% |
| Admin fee / account holder | $202 | $1,962-89.7% | $2,495-91.9% | $7,234-97.2% |