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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 | $55,267 | $82,314-32.9% | $68,808-19.7% | $134,532-58.9% |
| Participation rate | 11.1% | 75.1%-63.9pp | 69.0%-57.9pp | 81.2%-70.1pp |
| Annual return | -17.06% | -2.18%-14.9pp | -6.37%-10.7pp | 418.27%-435.3pp |
| Employer contribution / active EE | $181 | $3,301-94.5% | $2,656-93.2% | $4,741-96.2% |
| Participant deferral / active EE | $1,214 | $4,740-74.4% | $3,942-69.2% | $6,401-81.0% |
| Admin fee / account holder | $20 | $6,484-99.7% | $4,936-99.6% | $11,429-99.8% |