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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 | $14,757 | $77,920-81.1% | $149,723-90.1% | $75,177-80.4% |
| Participation rate | 44.4% | 65.6%-21.1pp | 78.8%-34.3pp | 67.2%-22.8pp |
| Annual return | 14.57% | 31.72%-17.2pp | 134.50%-119.9pp | 160.75%-146.2pp |
| Employer contribution / active EE | $43 | $3,138-98.6% | $4,821-99.1% | $2,671-98.4% |
| Participant deferral / active EE | $1,902 | $3,411-44.3% | $5,682-66.5% | $4,126-53.9% |
| Admin fee / account holder | $213 | $5,951-96.4% | $13,215-98.4% | $5,651-96.2% |