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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 | $17,919 | $127,298-85.9% | $109,916-83.7% | $167,553-89.3% |
| Participation rate | 10.0% | 77.9%-67.9pp | 74.2%-64.2pp | 82.1%-72.1pp |
| Annual return | 0.00% | 22.97%-23.0pp | 29.46%-29.5pp | 478.89%-478.9pp |
| Employer contribution / active EE | $150 | $3,325-95.5% | $2,844-94.7% | $4,840-96.9% |
| Participant deferral / active EE | $1,595 | $4,513-64.7% | $4,047-60.6% | $6,343-74.9% |
| Admin fee / account holder | $3 | $7,119-100.0% | $6,069-100.0% | $12,316-100.0% |