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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 | $43,211 | $86,701-50.2% | $73,309-41.1% | $125,389-65.5% |
| Participation rate | 26.7% | 78.6%-51.9pp | 74.9%-48.2pp | 83.2%-56.5pp |
| Annual return | 0.17% | 2.78%-2.6pp | 5.67%-5.5pp | 282.24%-282.1pp |
| Employer contribution / active EE | $0 | $4,152-100.0% | $3,237-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $2,070 | $5,549-62.7% | $4,991-58.5% | $5,352-61.3% |
| Admin fee / account holder | $0 | $7,768-100.0% | $5,635-100.0% | $9,541-100.0% |