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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 | $6,998 | $37,446-81.3% | $77,513-91.0% | $79,852-91.2% |
| Participation rate | 13.5% | 41.5%-28.0pp | 54.2%-40.7pp | 69.6%-56.1pp |
| Annual return | 0.00% | 39.76%-39.8pp | 54.81%-54.8pp | 31.72%-31.7pp |
| Employer contribution / active EE | $71 | $637-88.9% | $987-92.8% | $2,471-97.1% |
| Participant deferral / active EE | $758 | $1,261-39.9% | $1,861-59.3% | $3,740-79.7% |
| Admin fee / account holder | $2 | $2,506-99.9% | $2,859-99.9% | $5,306-100.0% |