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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 | $14,056 | $93,117-84.9% | $77,096-81.8% | $134,532-89.6% |
| Participation rate | 62.5% | 74.5%-12.0pp | 67.9%-5.4pp | 81.2%-18.7pp |
| Annual return | -12.16% | 62.67%-74.8pp | 42.35%-54.5pp | 418.27%-430.4pp |
| Employer contribution / active EE | $230 | $3,420-93.3% | $2,814-91.8% | $4,741-95.2% |
| Participant deferral / active EE | $1,985 | $5,241-62.1% | $4,429-55.2% | $6,401-69.0% |
| Admin fee / account holder | $260 | $6,948-96.3% | $5,428-95.2% | $11,429-97.7% |