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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 | $21,456 | $35,183-39.0% | $73,550-70.8% | $70,126-69.4% |
| Participation rate | 56.3% | 42.9%+13.3pp | 54.9%+1.3pp | 69.5%-13.3pp |
| Annual return | 14.08% | 26.90%-12.8pp | -15.16%+29.2pp | 73.15%-59.1pp |
| Employer contribution / active EE | $0 | $709-100.0% | $1,219-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $885 | $1,220-27.5% | $1,804-51.0% | $3,332-73.5% |
| Admin fee / account holder | $184 | $2,302-92.0% | $2,320-92.1% | $4,645-96.0% |