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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 | $36,053 | $106,864-66.3% | $147,318-75.5% | $82,637-56.4% |
| Participation rate | 42.9% | 75.5%-32.6pp | 82.1%-39.2pp | 68.1%-25.2pp |
| Annual return | 0.00% | 27.49%-27.5pp | 70.43%-70.4pp | 53.51%-53.5pp |
| Employer contribution / active EE | $315 | $3,417-90.8% | $4,593-93.1% | $2,552-87.6% |
| Participant deferral / active EE | $2,793 | $6,496-57.0% | $7,906-64.7% | $4,126-32.3% |
| Admin fee / account holder | $140 | $8,415-98.3% | $13,708-99.0% | $7,339-98.1% |