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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 | $102,616-82.6% | $81,981-78.2% | $158,931-88.8% |
| Participation rate | 58.3% | 75.5%-17.2pp | 69.3%-10.9pp | 82.0%-23.6pp |
| Annual return | 0.00% | 61.05%-61.0pp | 41.31%-41.3pp | 302.86%-302.9pp |
| Employer contribution / active EE | $0 | $3,240-100.0% | $2,498-100.0% | $4,761-100.0% |
| Participant deferral / active EE | $2,776 | $4,648-40.3% | $3,722-25.4% | $5,982-53.6% |
| Admin fee / account holder | $52 | $8,236-99.4% | $5,664-99.1% | $11,247-99.5% |