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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 | $18,431 | $54,162-66.0% | $68,612-73.1% | $64,173-71.3% |
| Participation rate | 48.3% | 68.1%-19.8pp | 72.2%-24.0pp | 69.6%-21.3pp |
| Annual return | 0.00% | -1.62%+1.6pp | -4.63%+4.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $29 | $1,846-98.4% | $2,625-98.9% | $2,381-98.8% |
| Participant deferral / active EE | $2,215 | $2,626-15.6% | $3,311-33.1% | $3,470-36.2% |
| Admin fee / account holder | $136 | $4,029-96.6% | $5,131-97.3% | $4,887-97.2% |