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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 | $30,718 | $48,364-36.5% | $71,796-57.2% | $62,881-51.1% |
| Participation rate | 69.8% | 60.6%+9.2pp | 69.1%+0.7pp | 69.3%+0.5pp |
| Annual return | 7.73% | 13.16%-5.4pp | 78.04%-70.3pp | 20.14%-12.4pp |
| Employer contribution / active EE | $0 | $1,042-100.0% | $1,924-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,616 | $2,091-22.7% | $2,794-42.2% | $3,203-49.5% |
| Admin fee / account holder | $166 | $3,771-95.6% | $4,815-96.6% | $4,296-96.1% |