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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 | $18,573 | $162,529-88.6% | $130,788-85.8% | $154,746-88.0% |
| Participation rate | 42.9% | 75.9%-33.0pp | 70.1%-27.2pp | 80.7%-37.8pp |
| Annual return | 21.68% | 510.48%-488.8pp | 386.44%-364.8pp | 172.34%-150.7pp |
| Employer contribution / active EE | $0 | $4,447-100.0% | $3,558-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $1,150 | $4,808-76.1% | $4,137-72.2% | $6,730-82.9% |
| Admin fee / account holder | $95 | $7,669-98.8% | $6,673-98.6% | $14,365-99.3% |