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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 | $20,010 | $104,664-80.9% | $85,693-76.6% | $167,518-88.1% |
| Participation rate | 7.1% | 76.4%-69.2pp | 69.9%-62.7pp | 82.1%-75.0pp |
| Annual return | 0.00% | 21.45%-21.4pp | 21.49%-21.5pp | 478.71%-478.7pp |
| Employer contribution / active EE | $0 | $3,337-100.0% | $2,618-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $1,393 | $4,824-71.1% | $3,923-64.5% | $6,342-78.0% |
| Admin fee / account holder | $5 | $10,032-100.0% | $6,874-99.9% | $12,312-100.0% |