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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 | $7,266 | $69,248-89.5% | $64,101-88.7% | $139,466-94.8% |
| Participation rate | 37.5% | 75.6%-38.1pp | 72.3%-34.8pp | 80.3%-42.8pp |
| Annual return | 12.29% | 45.95%-33.7pp | 33.72%-21.4pp | 373.66%-361.4pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $2,749-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $1,215 | $4,682-74.0% | $3,881-68.7% | $6,712-81.9% |
| Admin fee / account holder | $38 | $4,247-99.1% | $3,070-98.8% | $11,409-99.7% |