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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 | $10,076 | $73,848-86.4% | $143,799-93.0% | $68,486-85.3% |
| Participation rate | 10.3% | 66.7%-56.3pp | 80.3%-70.0pp | 67.9%-57.5pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $3,184-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,064 | $3,385-68.6% | $5,638-81.1% | $4,028-73.6% |
| Admin fee / account holder | $15 | $5,755-99.7% | $14,677-99.9% | $5,404-99.7% |