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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 | $22,171 | $97,761-77.3% | $83,850-73.6% | $135,382-83.6% |
| Participation rate | 41.7% | 80.0%-38.3pp | 76.1%-34.5pp | 82.6%-41.0pp |
| Annual return | -6.72% | 1287.44%-1294.2pp | 850.92%-857.6pp | 519.77%-526.5pp |
| Employer contribution / active EE | $0 | $4,222-100.0% | $3,631-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,647 | $4,682-64.8% | $4,082-59.7% | $5,609-70.6% |
| Admin fee / account holder | $202 | $6,674-97.0% | $5,478-96.3% | $10,829-98.1% |