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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 | $21,384 | $99,345-78.5% | $84,753-74.8% | $273,972-92.2% |
| Participation rate | 18.2% | 80.7%-62.5pp | 76.6%-58.4pp | 83.0%-64.8pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $616 | $4,214-85.4% | $3,574-82.8% | $4,869-87.3% |
| Participant deferral / active EE | $3,273 | $4,270-23.4% | $3,712-11.8% | $5,287-38.1% |
| Admin fee / account holder | $9 | $6,645-99.9% | $5,333-99.8% | $10,133-99.9% |