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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 | $16,343 | $95,406-82.9% | $185,849-91.2% | $85,847-81.0% |
| Participation rate | 46.4% | 68.8%-22.3pp | 81.7%-35.3pp | 69.3%-22.9pp |
| Annual return | 16.65% | 23.59%-6.9pp | 122.10%-105.4pp | 318.61%-302.0pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,003 | $3,424-41.5% | $5,569-64.0% | $3,952-49.3% |
| Admin fee / account holder | $0 | $7,214-100.0% | $16,244-100.0% | $6,261-100.0% |