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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 | $24,562 | $88,585-72.3% | $69,884-64.9% | $134,532-81.7% |
| Participation rate | 12.5% | 74.9%-62.4pp | 70.5%-58.0pp | 81.2%-68.7pp |
| Annual return | 0.00% | 442.80%-442.8pp | 190.81%-190.8pp | 418.27%-418.3pp |
| Employer contribution / active EE | $63 | $3,235-98.1% | $2,560-97.6% | $4,741-98.7% |
| Participant deferral / active EE | $2,969 | $4,770-37.8% | $3,848-22.9% | $6,401-53.6% |
| Admin fee / account holder | $0 | $10,441-100.0% | $6,266-100.0% | $11,429-100.0% |