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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 | $26,477 | $92,219-71.3% | $76,768-65.5% | $135,379-80.4% |
| Participation rate | 28.6% | 79.8%-51.2pp | 77.0%-48.4pp | 82.6%-54.1pp |
| Annual return | -8.16% | 5.46%-13.6pp | 2.43%-10.6pp | 519.79%-527.9pp |
| Employer contribution / active EE | $565 | $3,216-82.4% | $2,485-77.3% | $4,779-88.2% |
| Participant deferral / active EE | $3,620 | $4,508-19.7% | $3,852-6.0% | $5,609-35.5% |
| Admin fee / account holder | $0 | $10,749-100.0% | $6,675-100.0% | $10,828-100.0% |