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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 | $19,911 | $96,524-79.4% | $75,900-73.8% | $152,909-87.0% |
| Participation rate | 11.1% | 76.2%-65.1pp | 69.3%-58.2pp | 82.5%-71.3pp |
| Annual return | 0.00% | 33.93%-33.9pp | 30.73%-30.7pp | 345.46%-345.5pp |
| Employer contribution / active EE | $0 | $3,311-100.0% | $2,501-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $2,044 | $4,554-55.1% | $3,604-43.3% | $5,851-65.1% |
| Admin fee / account holder | $38 | $8,082-99.5% | $5,421-99.3% | $11,601-99.7% |