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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 | $2,385 | $29,670-92.0% | $56,054-95.7% | $80,911-97.1% |
| Participation rate | 27.6% | 41.7%-14.1pp | 52.5%-24.9pp | 67.6%-40.1pp |
| Annual return | 11.87% | 35.24%-23.4pp | 1705.95%-1694.1pp | 35.63%-23.8pp |
| Employer contribution / active EE | $0 | $670-100.0% | $1,039-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $254 | $1,227-79.3% | $1,952-87.0% | $4,297-94.1% |
| Admin fee / account holder | $142 | $2,431-94.2% | $2,822-95.0% | $6,935-98.0% |