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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 | $8,690 | $27,936-68.9% | $58,561-85.2% | $75,173-88.4% |
| Participation rate | 16.7% | 38.8%-22.2pp | 50.9%-34.2pp | 67.2%-50.5pp |
| Annual return | 26.74% | 44.21%-17.5pp | 4251.33%-4224.6pp | 160.72%-134.0pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,053-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $783 | $1,202-34.9% | $1,923-59.3% | $4,126-81.0% |
| Admin fee / account holder | $184 | $1,727-89.3% | $2,520-92.7% | $5,651-96.7% |