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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 | $43,403 | $53,127-18.3% | $86,597-49.9% | $70,131-38.1% |
| Participation rate | 38.1% | 65.3%-27.2pp | 73.5%-35.5pp | 69.5%-31.4pp |
| Annual return | 15.53% | 27.66%-12.1pp | 964.96%-949.4pp | 73.14%-57.6pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $2,840-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,242 | $2,696-53.9% | $3,609-65.6% | $3,332-62.7% |
| Admin fee / account holder | $0 | $3,585-100.0% | $4,906-100.0% | $4,645-100.0% |