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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 | $42,176 | $92,219-54.3% | $76,767-45.1% | $135,380-68.8% |
| Participation rate | 28.6% | 79.8%-51.2pp | 77.0%-48.4pp | 82.6%-54.1pp |
| Annual return | -4.64% | 5.46%-10.1pp | 2.43%-7.1pp | 519.81%-524.4pp |
| Employer contribution / active EE | $506 | $3,216-84.3% | $2,485-79.6% | $4,779-89.4% |
| Participant deferral / active EE | $1,488 | $4,508-67.0% | $3,852-61.4% | $5,609-73.5% |
| Admin fee / account holder | $0 | $10,749-100.0% | $6,675-100.0% | $10,828-100.0% |