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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 | $4,734 | $29,733-84.1% | $56,025-91.6% | $80,959-94.2% |
| Participation rate | 20.3% | 41.7%-21.4pp | 52.5%-32.2pp | 67.7%-47.4pp |
| Annual return | 13.74% | 35.28%-21.5pp | 1712.69%-1699.0pp | 35.67%-21.9pp |
| Employer contribution / active EE | $0 | $672-100.0% | $1,042-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $329 | $1,229-73.2% | $1,955-83.1% | $4,300-92.3% |
| Admin fee / account holder | $134 | $2,434-94.5% | $2,828-95.3% | $6,925-98.1% |