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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 | $24,674 | $105,866-76.7% | $90,766-72.8% | $134,545-81.7% |
| Participation rate | 40.0% | 78.3%-38.3pp | 75.7%-35.7pp | 81.2%-41.2pp |
| Annual return | 0.00% | -10.99%+11.0pp | -12.16%+12.2pp | 418.37%-418.4pp |
| Employer contribution / active EE | $333 | $3,464-90.4% | $2,922-88.6% | $4,742-93.0% |
| Participant deferral / active EE | $9,500 | $5,217+82.1% | $4,565+108.1% | $6,401+48.4% |
| Admin fee / account holder | $26 | $13,938-99.8% | $8,446-99.7% | $11,431-99.8% |