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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 | $19,517 | $61,125-68.1% | $94,057-79.3% | $87,485-77.7% |
| Participation rate | 25.3% | 64.1%-38.7pp | 73.3%-48.0pp | 68.9%-43.6pp |
| Annual return | 14.51% | 35.20%-20.7pp | 480.62%-466.1pp | 26.06%-11.5pp |
| Employer contribution / active EE | $0 | $2,136-100.0% | $2,933-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,138 | $3,260-65.1% | $4,709-75.8% | $4,274-73.4% |
| Admin fee / account holder | $167 | $5,629-97.0% | $7,244-97.7% | $7,775-97.9% |