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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 | $14,191 | $59,123-76.0% | $77,183-81.6% | $75,181-81.1% |
| Participation rate | 57.0% | 63.9%-6.9pp | 69.6%-12.6pp | 67.2%-10.2pp |
| Annual return | 21.68% | 26.72%-5.0pp | 37.89%-16.2pp | 160.69%-139.0pp |
| Employer contribution / active EE | $0 | $1,996-100.0% | $2,534-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,316 | $2,999-56.1% | $3,833-65.7% | $4,126-68.1% |
| Admin fee / account holder | $281 | $4,776-94.1% | $5,475-94.9% | $5,650-95.0% |