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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 | $10,062 | $84,464-88.1% | $61,399-83.6% | $134,509-92.5% |
| Participation rate | 13.3% | 62.2%-48.9pp | 52.6%-39.2pp | 81.2%-67.9pp |
| Annual return | 0.00% | 585.06%-585.1pp | 338.81%-338.8pp | 418.13%-418.1pp |
| Employer contribution / active EE | $1 | $1,545-100.0% | $1,159-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $1,347 | $2,818-52.2% | $2,124-36.6% | $6,400-79.0% |
| Admin fee / account holder | $34 | $2,587-98.7% | $2,131-98.4% | $11,427-99.7% |