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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 | $74,792 | $176,786-57.7% | $146,643-49.0% | $167,536-55.4% |
| Participation rate | 64.3% | 83.6%-19.3pp | 80.1%-15.8pp | 82.1%-17.8pp |
| Annual return | 0.00% | 24.04%-24.0pp | 22.75%-22.7pp | 478.82%-478.8pp |
| Employer contribution / active EE | $833 | $5,161-83.9% | $4,137-79.9% | $4,839-82.8% |
| Participant deferral / active EE | $2,420 | $6,440-62.4% | $5,506-56.0% | $6,342-61.8% |
| Admin fee / account holder | $70 | $13,262-99.5% | $10,280-99.3% | $12,315-99.4% |