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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 | $20,929 | $67,823-69.1% | $52,425-60.1% | $137,256-84.8% |
| Participation rate | 4.2% | 63.9%-59.7pp | 55.6%-51.5pp | 80.0%-75.8pp |
| Annual return | 20.80% | 219.11%-198.3pp | 302.12%-281.3pp | 220.34%-199.5pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $914-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $736 | $2,288-67.8% | $1,790-58.9% | $6,407-88.5% |
| Admin fee / account holder | $40 | $2,844-98.6% | $2,495-98.4% | $12,270-99.7% |