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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 | $11,496 | $106,549-89.2% | $91,225-87.4% | $134,509-91.5% |
| Participation rate | 47.8% | 76.8%-29.0pp | 73.2%-25.4pp | 81.2%-33.4pp |
| Annual return | -18.48% | 160.73%-179.2pp | 114.10%-132.6pp | 418.13%-436.6pp |
| Employer contribution / active EE | $230 | $3,331-93.1% | $2,851-91.9% | $4,741-95.2% |
| Participant deferral / active EE | $1,196 | $4,719-74.7% | $4,234-71.8% | $6,400-81.3% |
| Admin fee / account holder | $69 | $6,234-98.9% | $5,422-98.7% | $11,427-99.4% |