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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 | $21,750 | $65,364-66.7% | $92,909-76.6% | $72,975-70.2% |
| Participation rate | 8.2% | 68.3%-60.1pp | 76.0%-67.8pp | 69.5%-61.3pp |
| Annual return | 0.00% | 42.11%-42.1pp | 109.44%-109.4pp | 81.01%-81.0pp |
| Employer contribution / active EE | $222 | $2,594-91.5% | $3,653-93.9% | $2,440-90.9% |
| Participant deferral / active EE | $1,551 | $3,128-50.4% | $4,238-63.4% | $3,608-57.0% |
| Admin fee / account holder | $0 | $4,251-100.0% | $5,795-100.0% | $5,124-100.0% |