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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 | $23,352 | $176,120-86.7% | $159,487-85.4% | $167,553-86.1% |
| Participation rate | 40.0% | 85.0%-45.0pp | 82.8%-42.8pp | 82.1%-42.1pp |
| Annual return | 0.00% | 331.95%-331.9pp | 263.71%-263.7pp | 478.89%-478.9pp |
| Employer contribution / active EE | $360 | $5,299-93.2% | $4,831-92.6% | $4,840-92.6% |
| Participant deferral / active EE | $8,792 | $7,752+13.4% | $7,354+19.6% | $6,343+38.6% |
| Admin fee / account holder | $63 | $12,561-99.5% | $10,804-99.4% | $12,316-99.5% |