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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 | $18,400 | $103,949-82.3% | $69,182-73.4% | $273,972-93.3% |
| Participation rate | 45.0% | 67.4%-22.4pp | 55.1%-10.1pp | 83.0%-38.0pp |
| Annual return | 4.90% | 35.28%-30.4pp | -21.93%+26.8pp | 41.46%-36.6pp |
| Employer contribution / active EE | $0 | $1,783-100.0% | $1,206-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $462 | $2,716-83.0% | $1,897-75.6% | $5,287-91.3% |
| Admin fee / account holder | $97 | $3,671-97.4% | $2,697-96.4% | $10,133-99.0% |