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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 | $11,099 | $111,814-90.1% | $103,378-89.3% | $145,978-92.4% |
| Participation rate | 35.3% | 77.9%-42.6pp | 74.5%-39.2pp | 80.3%-45.0pp |
| Annual return | 13.84% | 24.80%-11.0pp | 24.91%-11.1pp | 550.52%-536.7pp |
| Employer contribution / active EE | $0 | $4,215-100.0% | $3,870-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,877 | $5,618-66.6% | $5,058-62.9% | $6,690-71.9% |
| Admin fee / account holder | $53 | $9,764-99.5% | $8,401-99.4% | $13,400-99.6% |