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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 | $4,292 | $25,979-83.5% | $71,755-94.0% | $68,486-93.7% |
| Participation rate | 17.4% | 54.5%-37.1pp | 62.3%-44.9pp | 67.9%-50.5pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.09%-9.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $900-100.0% | $1,704-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $817 | $1,522-46.3% | $2,656-69.2% | $4,028-79.7% |
| Admin fee / account holder | $37 | $2,022-98.2% | $3,972-99.1% | $5,404-99.3% |