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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 | $23,271 | $97,732-76.2% | $83,831-72.2% | $135,380-82.8% |
| Participation rate | 13.0% | 80.0%-66.9pp | 76.1%-63.1pp | 82.6%-69.6pp |
| Annual return | -9.37% | 1287.56%-1296.9pp | 850.99%-860.4pp | 519.81%-529.2pp |
| Employer contribution / active EE | $529 | $4,222-87.5% | $3,631-85.4% | $4,779-88.9% |
| Participant deferral / active EE | $1,221 | $4,683-73.9% | $4,082-70.1% | $5,609-78.2% |
| Admin fee / account holder | $15 | $6,675-99.8% | $5,479-99.7% | $10,828-99.9% |