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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 | $28,531 | $58,258-51.0% | $81,820-65.1% | $80,925-64.7% |
| Participation rate | 20.0% | 63.5%-43.5pp | 72.4%-52.4pp | 67.7%-47.7pp |
| Annual return | 11.92% | 41.76%-29.8pp | 777.93%-766.0pp | 35.65%-23.7pp |
| Employer contribution / active EE | $163 | $2,345-93.0% | $2,915-94.4% | $2,756-94.1% |
| Participant deferral / active EE | $810 | $3,284-75.3% | $4,323-81.3% | $4,299-81.2% |
| Admin fee / account holder | $0 | $4,976-100.0% | $7,391-100.0% | $6,940-100.0% |