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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 | $10,229 | $32,117-68.2% | $71,086-85.6% | $64,181-84.1% |
| Participation rate | 10.3% | 42.7%-32.4pp | 54.7%-44.3pp | 69.6%-59.2pp |
| Annual return | 0.00% | -5.57%+5.6pp | 650.59%-650.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $712-100.0% | $1,088-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $558 | $1,263-55.8% | $1,874-70.2% | $3,470-83.9% |
| Admin fee / account holder | $237 | $2,759-91.4% | $3,082-92.3% | $4,887-95.2% |