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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 | $6,292 | $34,316-81.7% | $74,723-91.6% | $72,976-91.4% |
| Participation rate | 21.2% | 42.4%-21.2pp | 54.5%-33.3pp | 69.5%-48.3pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.18%-753.2pp | 81.02%-81.0pp |
| Employer contribution / active EE | $96 | $692-86.1% | $1,084-91.1% | $2,440-96.1% |
| Participant deferral / active EE | $1,206 | $1,272-5.2% | $1,962-38.5% | $3,608-66.6% |
| Admin fee / account holder | $1 | $2,125-100.0% | $3,335-100.0% | $5,124-100.0% |