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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 | $25,141 | $104,937-76.0% | $84,628-70.3% | $152,897-83.6% |
| Participation rate | 14.3% | 74.8%-60.5pp | 68.2%-54.0pp | 82.5%-68.2pp |
| Annual return | 0.00% | 373.88%-373.9pp | 258.80%-258.8pp | 345.43%-345.4pp |
| Employer contribution / active EE | $225 | $3,303-93.2% | $2,653-91.5% | $4,764-95.3% |
| Participant deferral / active EE | $3,216 | $4,690-31.4% | $3,900-17.5% | $5,851-45.0% |
| Admin fee / account holder | $11 | $6,243-99.8% | $4,914-99.8% | $11,599-99.9% |