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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 | $26,339 | $47,922-45.0% | $75,894-65.3% | $65,185-59.6% |
| Participation rate | 38.3% | 63.0%-24.7pp | 69.3%-31.0pp | 70.2%-31.9pp |
| Annual return | 116.16% | 24.12%+92.0pp | 30.76%+85.4pp | 29.38%+86.8pp |
| Employer contribution / active EE | $0 | $1,557-100.0% | $2,501-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,819 | $2,550-28.7% | $3,603-49.5% | $3,514-48.2% |
| Admin fee / account holder | $296 | $532-44.3% | $5,420-94.5% | $847-65.0% |