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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 | $16,272 | $60,442-73.1% | $96,754-83.2% | $87,485-81.4% |
| Participation rate | 43.8% | 58.7%-15.0pp | 70.3%-26.5pp | 68.9%-25.2pp |
| Annual return | 21.96% | 21.97%0pp | 82.04%-60.1pp | 26.06%-4.1pp |
| Employer contribution / active EE | $0 | $1,691-100.0% | $2,679-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,785 | $3,280-45.6% | $4,758-62.5% | $4,274-58.2% |
| Admin fee / account holder | $82 | $5,069-98.4% | $8,905-99.1% | $7,775-99.0% |