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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 | $8,959 | $82,314-89.1% | $68,808-87.0% | $134,532-93.3% |
| Participation rate | 41.7% | 75.1%-33.4pp | 69.0%-27.4pp | 81.2%-39.6pp |
| Annual return | 0.00% | -2.18%+2.2pp | -6.37%+6.4pp | 418.27%-418.3pp |
| Employer contribution / active EE | $317 | $3,301-90.4% | $2,656-88.0% | $4,741-93.3% |
| Participant deferral / active EE | $3,410 | $4,740-28.1% | $3,942-13.5% | $6,401-46.7% |
| Admin fee / account holder | $1 | $6,484-100.0% | $4,936-100.0% | $11,429-100.0% |