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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 | $20,832 | $102,609-79.7% | $98,090-78.8% | $138,895-85.0% |
| Participation rate | 66.7% | 82.8%-16.1pp | 81.5%-14.9pp | 79.9%-13.3pp |
| Annual return | 13.31% | 36.44%-23.1pp | 37.05%-23.7pp | 145.39%-132.1pp |
| Employer contribution / active EE | $0 | $3,867-100.0% | $3,606-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $2,589 | $8,167-68.3% | $7,845-67.0% | $6,396-59.5% |
| Admin fee / account holder | $54 | $11,434-99.5% | $11,815-99.5% | $12,562-99.6% |