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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 | $45,567 | $58,828-22.5% | $78,002-41.6% | $62,881-27.5% |
| Participation rate | 35.3% | 71.1%-35.8pp | 75.5%-40.2pp | 69.3%-34.0pp |
| Annual return | 8.17% | 17.16%-9.0pp | 425.99%-417.8pp | 20.14%-12.0pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,484 | $2,686-44.7% | $3,497-57.6% | $3,203-53.7% |
| Admin fee / account holder | $295 | $4,393-93.3% | $5,481-94.6% | $4,296-93.1% |