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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 | $23,166 | $76,551-69.7% | $123,894-81.3% | $62,881-63.2% |
| Participation rate | 46.9% | 73.0%-26.1pp | 81.4%-34.5pp | 69.3%-22.4pp |
| Annual return | 0.00% | 18.68%-18.7pp | 47.52%-47.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,377 | $4,840-50.9% | $5,984-60.3% | $3,203-25.8% |
| Admin fee / account holder | $103 | $4,826-97.9% | $8,357-98.8% | $4,296-97.6% |