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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 | $17,810 | $108,882-83.6% | $96,754-81.6% | $154,746-88.5% |
| Participation rate | 33.3% | 75.1%-41.7pp | 70.3%-36.9pp | 80.7%-47.4pp |
| Annual return | 12.25% | 98.39%-86.1pp | 82.04%-69.8pp | 172.34%-160.1pp |
| Employer contribution / active EE | $0 | $3,018-100.0% | $2,679-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $1,194 | $5,323-77.6% | $4,758-74.9% | $6,730-82.3% |
| Admin fee / account holder | $294 | $10,200-97.1% | $8,905-96.7% | $14,365-98.0% |