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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 | $25,075 | $63,703-60.6% | $93,063-73.1% | $82,448-69.6% |
| Participation rate | 59.1% | 63.8%-4.7pp | 72.1%-13.0pp | 68.1%-9.0pp |
| Annual return | 16.63% | -775.43%+792.1pp | 34.15%-17.5pp | 41.64%-25.0pp |
| Employer contribution / active EE | $32 | $1,729-98.2% | $2,476-98.7% | $2,551-98.7% |
| Participant deferral / active EE | $1,836 | $2,919-37.1% | $3,958-53.6% | $4,139-55.7% |
| Admin fee / account holder | $289 | $5,982-95.2% | $6,033-95.2% | $7,234-96.0% |