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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 | $20,920 | $91,167-77.1% | $178,498-88.3% | $79,858-73.8% |
| Participation rate | 40.7% | 69.2%-28.5pp | 81.9%-41.3pp | 69.6%-29.0pp |
| Annual return | 37.92% | 24.19%+13.7pp | 151.09%-113.2pp | 31.72%+6.2pp |
| Employer contribution / active EE | $0 | $3,255-100.0% | $5,011-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,466 | $3,236-54.7% | $5,202-71.8% | $3,740-60.8% |
| Admin fee / account holder | $31 | $6,747-99.5% | $13,985-99.8% | $5,306-99.4% |