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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 | $20,746 | $88,707-76.6% | $74,184-72.0% | $273,972-92.4% |
| Participation rate | 9.1% | 79.4%-70.4pp | 76.6%-67.5pp | 83.0%-73.9pp |
| Annual return | 0.00% | 11.94%-11.9pp | 17.74%-17.7pp | 41.46%-41.5pp |
| Employer contribution / active EE | $448 | $3,159-85.8% | $2,370-81.1% | $4,869-90.8% |
| Participant deferral / active EE | $1,438 | $4,212-65.9% | $3,550-59.5% | $5,287-72.8% |
| Admin fee / account holder | $0 | $8,717-100.0% | $5,586-100.0% | $10,133-100.0% |