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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 | $13,482 | $77,920-82.7% | $149,723-91.0% | $75,177-82.1% |
| Participation rate | 27.0% | 65.6%-38.6pp | 78.8%-51.8pp | 67.2%-40.2pp |
| Annual return | 29.94% | 31.72%-1.8pp | 134.50%-104.6pp | 160.75%-130.8pp |
| Employer contribution / active EE | $41 | $3,138-98.7% | $4,821-99.1% | $2,671-98.5% |
| Participant deferral / active EE | $1,186 | $3,411-65.2% | $5,682-79.1% | $4,126-71.3% |
| Admin fee / account holder | $71 | $5,951-98.8% | $13,215-99.5% | $5,651-98.7% |