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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 | $32,400 | $176,838-81.7% | $146,685-77.9% | $167,518-80.7% |
| Participation rate | 10.0% | 83.6%-73.6pp | 80.1%-70.1pp | 82.1%-72.1pp |
| Annual return | 0.00% | 24.04%-24.0pp | 22.75%-22.7pp | 478.71%-478.7pp |
| Employer contribution / active EE | $640 | $5,161-87.6% | $4,137-84.5% | $4,838-86.8% |
| Participant deferral / active EE | $2,600 | $6,441-59.6% | $5,507-52.8% | $6,342-59.0% |
| Admin fee / account holder | $0 | $13,262-100.0% | $10,281-100.0% | $12,312-100.0% |