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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 | $21,699 | $124,351-82.6% | $109,188-80.1% | $167,553-87.0% |
| Participation rate | 28.6% | 79.4%-50.9pp | 75.9%-47.3pp | 82.1%-53.5pp |
| Annual return | 0.00% | 26.04%-26.0pp | 25.76%-25.8pp | 478.89%-478.9pp |
| Employer contribution / active EE | $594 | $4,210-85.9% | $3,723-84.1% | $4,840-87.7% |
| Participant deferral / active EE | $5,571 | $5,257+6.0% | $4,654+19.7% | $6,343-12.2% |
| Admin fee / account holder | $15 | $7,975-99.8% | $6,755-99.8% | $12,316-99.9% |