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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 | $10,894 | $90,467-88.0% | $93,759-88.4% | $134,532-91.9% |
| Participation rate | 50.0% | 82.0%-32.0pp | 81.0%-31.0pp | 81.2%-31.2pp |
| Annual return | -19.41% | -15.72%-3.7pp | -11.33%-8.1pp | 418.27%-437.7pp |
| Employer contribution / active EE | $359 | $4,345-91.7% | $4,324-91.7% | $4,741-92.4% |
| Participant deferral / active EE | $2,414 | $5,980-59.6% | $6,096-60.4% | $6,401-62.3% |
| Admin fee / account holder | $84 | $9,258-99.1% | $7,197-98.8% | $11,429-99.3% |