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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 | $2,829 | $27,639-89.8% | $61,501-95.4% | $68,490-95.9% |
| Participation rate | 13.8% | 39.5%-25.7pp | 52.6%-38.8pp | 67.9%-54.1pp |
| Annual return | 0.00% | -13.19%+13.2pp | 339.04%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $85 | $696-87.8% | $1,160-92.7% | $2,597-96.7% |
| Participant deferral / active EE | $295 | $1,264-76.7% | $2,125-86.1% | $4,028-92.7% |
| Admin fee / account holder | $0 | $2,012-100.0% | $2,132-100.0% | $5,403-100.0% |