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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 | $2,583 | $76,519-96.6% | $56,025-95.4% | $145,897-98.2% |
| Participation rate | 28.6% | 63.2%-34.7pp | 52.5%-23.9pp | 80.3%-51.7pp |
| Annual return | 17.56% | 3017.03%-2999.5pp | 1712.69%-1695.1pp | 552.29%-534.7pp |
| Employer contribution / active EE | $0 | $1,383-100.0% | $1,042-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $841 | $2,624-68.0% | $1,955-57.0% | $6,689-87.4% |
| Admin fee / account holder | $32 | $3,331-99.0% | $2,828-98.9% | $13,390-99.8% |