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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 | $12,449 | $32,117-61.2% | $71,089-82.5% | $64,173-80.6% |
| Participation rate | 10.0% | 42.7%-32.7pp | 54.6%-44.6pp | 69.6%-59.6pp |
| Annual return | 0.00% | -5.57%+5.6pp | 650.65%-650.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $712-100.0% | $1,088-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,250 | $1,263-1.0% | $1,873-33.2% | $3,470-64.0% |
| Admin fee / account holder | $1 | $2,759-100.0% | $3,082-100.0% | $4,887-100.0% |