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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 | $17,807 | $106,247-83.2% | $96,515-81.5% | $139,466-87.2% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.3%-24.3pp | 80.3%-30.3pp |
| Annual return | 26.46% | 38.47%-12.0pp | 35.73%-9.3pp | 373.66%-347.2pp |
| Employer contribution / active EE | $0 | $4,106-100.0% | $3,740-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $2,718 | $5,456-50.2% | $4,880-44.3% | $6,712-59.5% |
| Admin fee / account holder | $154 | $7,885-98.1% | $6,735-97.7% | $11,409-98.7% |