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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 | $28,943 | $110,307-73.8% | $96,576-70.0% | $139,456-79.2% |
| Participation rate | 40.0% | 78.1%-38.1pp | 76.0%-36.0pp | 80.3%-40.3pp |
| Annual return | 0.00% | 26.40%-26.4pp | 25.87%-25.9pp | 373.45%-373.4pp |
| Employer contribution / active EE | $603 | $3,619-83.3% | $2,965-79.6% | $4,753-87.3% |
| Participant deferral / active EE | $4,108 | $5,547-25.9% | $4,851-15.3% | $6,711-38.8% |
| Admin fee / account holder | $7 | $11,597-99.9% | $8,253-99.9% | $11,407-99.9% |