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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 | $10,959 | $73,863-85.2% | $143,797-92.4% | $68,490-84.0% |
| Participation rate | 25.0% | 66.7%-41.7pp | 80.3%-55.3pp | 67.9%-42.9pp |
| Annual return | 13.63% | 0.91%+12.7pp | -0.04%+13.7pp | -7.85%+21.5pp |
| Employer contribution / active EE | $217 | $3,185-93.2% | $4,952-95.6% | $2,597-91.7% |
| Participant deferral / active EE | $1,183 | $3,385-65.1% | $5,638-79.0% | $4,028-70.6% |
| Admin fee / account holder | $0 | $5,756-100.0% | $14,679-100.0% | $5,403-100.0% |