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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 | $1,567 | $29,319-94.7% | $52,425-97.0% | $82,448-98.1% |
| Participation rate | 39.5% | 46.9%-7.3pp | 55.6%-16.1pp | 68.1%-28.6pp |
| Annual return | 57.61% | 535.20%-477.6pp | 302.12%-244.5pp | 41.64%+16.0pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $324 | $1,171-72.3% | $1,790-81.9% | $4,139-92.2% |
| Admin fee / account holder | $53 | $1,962-97.3% | $2,495-97.9% | $7,234-99.3% |