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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 | $14,963 | $58,258-74.3% | $81,820-81.7% | $80,925-81.5% |
| Participation rate | 27.6% | 63.5%-35.9pp | 72.4%-44.8pp | 67.7%-40.1pp |
| Annual return | 14.08% | 41.76%-27.7pp | 777.93%-763.8pp | 35.65%-21.6pp |
| Employer contribution / active EE | $0 | $2,345-100.0% | $2,915-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,416 | $3,284-56.9% | $4,323-67.2% | $4,299-67.1% |
| Admin fee / account holder | $72 | $4,976-98.6% | $7,391-99.0% | $6,940-99.0% |