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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 | $17,836 | $102,638-82.6% | $81,982-78.2% | $158,982-88.8% |
| Participation rate | 58.3% | 75.5%-17.2pp | 69.3%-10.9pp | 82.0%-23.6pp |
| Annual return | 0.00% | 61.05%-61.1pp | 41.31%-41.3pp | 302.99%-303.0pp |
| Employer contribution / active EE | $0 | $3,241-100.0% | $2,498-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $2,776 | $4,649-40.3% | $3,722-25.4% | $5,983-53.6% |
| Admin fee / account holder | $52 | $8,237-99.4% | $5,665-99.1% | $11,252-99.5% |