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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 | $12,913 | $107,809-88.0% | $97,032-86.7% | $155,188-91.7% |
| Participation rate | 50.0% | 75.5%-25.5pp | 71.6%-21.6pp | 80.8%-30.8pp |
| Annual return | 14.42% | 38.06%-23.6pp | 35.38%-21.0pp | 148.84%-134.4pp |
| Employer contribution / active EE | $0 | $2,911-100.0% | $2,629-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,173 | $5,129-77.1% | $4,672-74.9% | $6,531-82.0% |
| Admin fee / account holder | $146 | $10,717-98.6% | $9,418-98.5% | $14,480-99.0% |