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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 | $17,373 | $118,488-85.3% | $98,462-82.4% | $139,487-87.5% |
| Participation rate | 17.4% | 77.5%-60.1pp | 75.2%-57.8pp | 80.3%-62.9pp |
| Annual return | 0.00% | 18.96%-19.0pp | 21.17%-21.2pp | 373.84%-373.8pp |
| Employer contribution / active EE | $0 | $3,611-100.0% | $3,049-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $2,722 | $5,393-49.5% | $4,738-42.6% | $6,713-59.4% |
| Admin fee / account holder | $45 | $13,868-99.7% | $8,875-99.5% | $11,407-99.6% |