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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 | $21,160 | $49,249-57.0% | $70,476-70.0% | $79,852-73.5% |
| Participation rate | 30.6% | 69.2%-38.6pp | 75.1%-44.4pp | 69.6%-39.0pp |
| Annual return | 17.11% | 30.09%-13.0pp | 109.12%-92.0pp | 31.72%-14.6pp |
| Employer contribution / active EE | $0 | $2,100-100.0% | $2,738-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $907 | $2,769-67.3% | $3,710-75.6% | $3,740-75.8% |
| Admin fee / account holder | $164 | $2,878-94.3% | $3,847-95.7% | $5,306-96.9% |