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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 | $16,804 | $29,736-43.5% | $56,033-70.0% | $80,935-79.2% |
| Participation rate | 7.0% | 41.7%-34.7pp | 52.5%-45.5pp | 67.7%-60.6pp |
| Annual return | 54.16% | 35.28%+18.9pp | 1711.38%-1657.2pp | 35.66%+18.5pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,041-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $351 | $1,228-71.4% | $1,954-82.0% | $4,299-91.8% |
| Admin fee / account holder | $176 | $2,434-92.8% | $2,827-93.8% | $6,924-97.5% |