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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 | $23,446 | $95,975-75.6% | $74,549-68.5% | $135,379-82.7% |
| Participation rate | 11.1% | 75.7%-64.5pp | 69.1%-58.0pp | 82.6%-71.5pp |
| Annual return | 0.00% | 56.96%-57.0pp | 32.53%-32.5pp | 519.79%-519.8pp |
| Employer contribution / active EE | $198 | $2,716-92.7% | $1,961-89.9% | $4,779-95.9% |
| Participant deferral / active EE | $2,722 | $3,844-29.2% | $3,108-12.4% | $5,609-51.5% |
| Admin fee / account holder | $108 | $6,522-98.3% | $5,059-97.9% | $10,828-99.0% |