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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 | $19,065 | $81,331-76.6% | $155,534-87.7% | $80,935-76.4% |
| Participation rate | 25.7% | 66.3%-40.6pp | 78.2%-52.5pp | 67.7%-42.0pp |
| Annual return | 22.02% | 33.37%-11.3pp | 64.92%-42.9pp | 35.66%-13.6pp |
| Employer contribution / active EE | $44 | $3,105-98.6% | $4,675-99.1% | $2,757-98.4% |
| Participant deferral / active EE | $1,177 | $3,454-65.9% | $5,630-79.1% | $4,299-72.6% |
| Admin fee / account holder | $121 | $7,999-98.5% | $15,900-99.2% | $6,924-98.3% |