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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 | $47,987 | $47,848+0.3% | $81,473-41.1% | $70,126-31.6% |
| Participation rate | 40.7% | 58.3%-17.5pp | 68.0%-27.2pp | 69.5%-28.8pp |
| Annual return | 14.58% | 27.25%-12.7pp | 38.78%-24.2pp | 73.15%-58.6pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,122 | $2,453-54.3% | $3,537-68.3% | $3,332-66.3% |
| Admin fee / account holder | $9 | $3,145-99.7% | $4,561-99.8% | $4,645-99.8% |