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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 | $8,756 | $70,121-87.5% | $63,803-86.3% | $138,895-93.7% |
| Participation rate | 62.5% | 77.2%-14.7pp | 72.7%-10.2pp | 79.9%-17.4pp |
| Annual return | 17.58% | 946.48%-928.9pp | 543.72%-526.1pp | 145.39%-127.8pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $2,532-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $2,029 | $4,535-55.3% | $3,843-47.2% | $6,396-68.3% |
| Admin fee / account holder | $32 | $6,738-99.5% | $5,196-99.4% | $12,562-99.7% |