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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 | $4,882 | $27,632-82.3% | $61,452-92.1% | $68,486-92.9% |
| Participation rate | 30.6% | 39.5%-8.9pp | 52.6%-22.0pp | 67.9%-37.3pp |
| Annual return | 0.00% | -13.24%+13.2pp | 338.96%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $696-100.0% | $1,160-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,194 | $1,264+73.7% | $2,125+3.3% | $4,028-45.5% |
| Admin fee / account holder | $54 | $2,010-97.3% | $2,131-97.5% | $5,404-99.0% |