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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 | $33,279 | $87,544-62.0% | $75,784-56.1% | $125,388-73.5% |
| Participation rate | 26.1% | 80.2%-54.1pp | 75.8%-49.7pp | 83.2%-57.1pp |
| Annual return | -2.25% | 13.49%-15.7pp | 9.68%-11.9pp | 282.24%-284.5pp |
| Employer contribution / active EE | $0 | $3,930-100.0% | $3,323-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $1,857 | $4,229-56.1% | $3,652-49.1% | $5,352-65.3% |
| Admin fee / account holder | $8 | $6,502-99.9% | $5,300-99.9% | $9,541-99.9% |