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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 | $27,021 | $56,287-52.0% | $80,977-66.6% | $62,881-57.0% |
| Participation rate | 48.3% | 68.9%-20.7pp | 75.8%-27.5pp | 69.3%-21.0pp |
| Annual return | 9.87% | 22.13%-12.3pp | 17.11%-7.2pp | 20.14%-10.3pp |
| Employer contribution / active EE | $0 | $1,943-100.0% | $3,715-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $3,754 | $4,196-10.5% | $5,696-34.1% | $3,203+17.2% |
| Admin fee / account holder | $0 | $3,742-100.0% | $5,517-100.0% | $4,296-100.0% |