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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 | $43,624 | $95,188-54.2% | $76,518-43.0% | $135,380-67.8% |
| Participation rate | 34.8% | 74.4%-39.6pp | 68.0%-33.2pp | 82.6%-47.9pp |
| Annual return | -5.06% | 4.85%-9.9pp | -0.27%-4.8pp | 519.81%-524.9pp |
| Employer contribution / active EE | $5 | $3,303-99.9% | $2,647-99.8% | $4,779-99.9% |
| Participant deferral / active EE | $2,588 | $4,640-44.2% | $3,836-32.5% | $5,609-53.9% |
| Admin fee / account holder | $16 | $6,249-99.7% | $4,849-99.7% | $10,828-99.8% |