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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 | $32,491 | $93,064-65.1% | $74,577-56.4% | $273,972-88.1% |
| Participation rate | 62.5% | 74.9%-12.4pp | 68.1%-5.6pp | 83.0%-20.5pp |
| Annual return | 7.81% | 26.18%-18.4pp | 20.47%-12.7pp | 41.46%-33.6pp |
| Employer contribution / active EE | $0 | $3,160-100.0% | $2,525-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,322 | $4,160-68.2% | $3,458-61.8% | $5,287-75.0% |
| Admin fee / account holder | $10 | $5,273-99.8% | $4,138-99.7% | $10,133-99.9% |