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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 | $58,381 | $116,203-49.8% | $93,621-37.6% | $152,897-61.8% |
| Participation rate | 52.2% | 78.1%-25.9pp | 75.8%-23.7pp | 82.5%-30.3pp |
| Annual return | 27.10% | 35.96%-8.9pp | 32.76%-5.7pp | 345.43%-318.3pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,719-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $3,832 | $4,605-16.8% | $4,070-5.8% | $5,851-34.5% |
| Admin fee / account holder | $175 | $10,751-98.4% | $7,890-97.8% | $11,599-98.5% |