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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 | $1,660 | $67,823-97.6% | $52,425-96.8% | $137,256-98.8% |
| Participation rate | 23.1% | 63.9%-40.8pp | 55.6%-32.5pp | 80.0%-56.9pp |
| Annual return | 21.43% | 219.11%-197.7pp | 302.12%-280.7pp | 220.34%-198.9pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $914-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $427 | $2,288-81.3% | $1,790-76.1% | $6,407-93.3% |
| Admin fee / account holder | $22 | $2,844-99.2% | $2,495-99.1% | $12,270-99.8% |