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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 | $15,772 | $29,319-46.2% | $52,425-69.9% | $82,448-80.9% |
| Participation rate | 13.3% | 46.9%-33.5pp | 55.6%-42.3pp | 68.1%-54.7pp |
| Annual return | 19.41% | 535.20%-515.8pp | 302.12%-282.7pp | 41.64%-22.2pp |
| Employer contribution / active EE | $0 | $586-100.0% | $914-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $821 | $1,171-29.9% | $1,790-54.2% | $4,139-80.2% |
| Admin fee / account holder | $112 | $1,962-94.3% | $2,495-95.5% | $7,234-98.5% |