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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 | $24,169 | $124,336-80.6% | $111,303-78.3% | $167,518-85.6% |
| Participation rate | 56.5% | 79.6%-23.1pp | 77.3%-20.8pp | 82.1%-25.6pp |
| Annual return | 11.68% | 37.45%-25.8pp | 54.66%-43.0pp | 478.71%-467.0pp |
| Employer contribution / active EE | $0 | $3,436-100.0% | $2,731-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $3,319 | $5,181-35.9% | $4,487-26.0% | $6,342-47.7% |
| Admin fee / account holder | $105 | $10,623-99.0% | $7,966-98.7% | $12,312-99.1% |