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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 | $7,433 | $27,924-73.4% | $58,544-87.3% | $75,181-90.1% |
| Participation rate | 11.1% | 38.8%-27.7pp | 50.9%-39.7pp | 67.2%-56.1pp |
| Annual return | 19.76% | 44.20%-24.4pp | 4249.56%-4229.8pp | 160.69%-140.9pp |
| Employer contribution / active EE | $0 | $669-100.0% | $1,053-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $305 | $1,202-74.6% | $1,923-84.2% | $4,126-92.6% |
| Admin fee / account holder | $221 | $1,726-87.2% | $2,520-91.2% | $5,650-96.1% |