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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 | $54,138 | $96,558-43.9% | $80,977-33.1% | $273,972-80.2% |
| Participation rate | 60.0% | 79.1%-19.1pp | 75.8%-15.8pp | 83.0%-23.0pp |
| Annual return | 9.89% | 15.14%-5.3pp | 17.11%-7.2pp | 41.46%-31.6pp |
| Employer contribution / active EE | $0 | $4,869-100.0% | $3,715-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,822 | $6,598-72.4% | $5,696-68.0% | $5,287-65.5% |
| Admin fee / account holder | $209 | $7,493-97.2% | $5,517-96.2% | $10,133-97.9% |