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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 | $19,845 | $95,867-79.3% | $79,551-75.1% | $134,493-85.2% |
| Participation rate | 58.8% | 75.0%-16.2pp | 69.5%-10.7pp | 81.2%-22.4pp |
| Annual return | -2.59% | -2.73%+0.1pp | 0.14%-2.7pp | 418.01%-420.6pp |
| Employer contribution / active EE | $0 | $3,128-100.0% | $2,413-100.0% | $4,740-100.0% |
| Participant deferral / active EE | $3,786 | $4,692-19.3% | $3,985-5.0% | $6,400-40.8% |
| Admin fee / account holder | $156 | $9,127-98.3% | $6,833-97.7% | $11,425-98.6% |