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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 | $16,569 | $46,534-64.4% | $64,097-74.2% | $75,177-78.0% |
| Participation rate | 45.9% | 65.9%-20.0pp | 72.3%-26.4pp | 67.2%-21.3pp |
| Annual return | 25.00% | 26.07%-1.1pp | 33.75%-8.7pp | 160.75%-135.8pp |
| Employer contribution / active EE | $0 | $1,976-100.0% | $2,750-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,600 | $2,835-43.6% | $3,881-58.8% | $4,126-61.2% |
| Admin fee / account holder | $0 | $2,957-100.0% | $3,070-100.0% | $5,651-100.0% |