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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 | $34,102 | $110,551-69.2% | $80,741-57.8% | $167,518-79.6% |
| Participation rate | 31.3% | 64.0%-32.7pp | 54.2%-22.9pp | 82.1%-50.9pp |
| Annual return | 11.59% | 120.57%-109.0pp | 87.30%-75.7pp | 478.71%-467.1pp |
| Employer contribution / active EE | $0 | $1,543-100.0% | $1,160-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $586 | $2,870-79.6% | $2,145-72.7% | $6,342-90.8% |
| Admin fee / account holder | $153 | $4,547-96.6% | $3,380-95.5% | $12,312-98.8% |