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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 | $19,087 | $99,345-80.8% | $84,753-77.5% | $273,972-93.0% |
| Participation rate | 33.3% | 80.7%-47.4pp | 76.6%-43.3pp | 83.0%-49.7pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $406 | $4,214-90.4% | $3,574-88.7% | $4,869-91.7% |
| Participant deferral / active EE | $6,000 | $4,270+40.5% | $3,712+61.6% | $5,287+13.5% |
| Admin fee / account holder | $22 | $6,645-99.7% | $5,333-99.6% | $10,133-99.8% |