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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 | $11,602 | $106,247-89.1% | $96,515-88.0% | $139,466-91.7% |
| Participation rate | 57.1% | 77.8%-20.7pp | 74.3%-17.2pp | 80.3%-23.2pp |
| Annual return | 0.00% | 38.47%-38.5pp | 35.73%-35.7pp | 373.66%-373.7pp |
| Employer contribution / active EE | $723 | $4,106-82.4% | $3,740-80.7% | $4,754-84.8% |
| Participant deferral / active EE | $5,350 | $5,456-1.9% | $4,880+9.6% | $6,712-20.3% |
| Admin fee / account holder | $4 | $7,885-100.0% | $6,735-99.9% | $11,409-100.0% |