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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 | $30,803 | $100,792-69.4% | $86,691-64.5% | $134,509-77.1% |
| Participation rate | 12.5% | 78.9%-66.4pp | 76.6%-64.1pp | 81.2%-68.7pp |
| Annual return | 0.00% | 29.08%-29.1pp | 35.94%-35.9pp | 418.13%-418.1pp |
| Employer contribution / active EE | $470 | $3,491-86.5% | $2,837-83.4% | $4,741-90.1% |
| Participant deferral / active EE | $3,375 | $5,339-36.8% | $4,656-27.5% | $6,400-47.3% |
| Admin fee / account holder | $48 | $10,924-99.6% | $7,492-99.4% | $11,427-99.6% |