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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 | $7,369 | $29,733-75.2% | $56,025-86.8% | $80,959-90.9% |
| Participation rate | 0.0% | 41.7%-41.7pp | 52.5%-52.5pp | 67.7%-67.7pp |
| Annual return | 12.93% | 35.28%-22.4pp | 1712.69%-1699.8pp | 35.67%-22.7pp |
| Employer contribution / active EE | $0 | $672-100.0% | $1,042-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $516 | $1,229-58.0% | $1,955-73.6% | $4,300-88.0% |
| Admin fee / account holder | $124 | $2,434-94.9% | $2,828-95.6% | $6,925-98.2% |