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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 | $34,671 | $126,113-72.5% | $116,096-70.1% | $155,188-77.7% |
| Participation rate | 50.0% | 75.1%-25.1pp | 73.3%-23.3pp | 80.8%-30.8pp |
| Annual return | 19.32% | 391.72%-372.4pp | 326.25%-306.9pp | 148.84%-129.5pp |
| Employer contribution / active EE | $0 | $2,672-100.0% | $2,503-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $7,066 | $4,162+69.8% | $3,952+78.8% | $6,531+8.2% |
| Admin fee / account holder | $16 | $8,045-99.8% | $7,704-99.8% | $14,480-99.9% |