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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 | $13,787 | $51,222-73.1% | $70,544-80.5% | $75,173-81.7% |
| Participation rate | 48.8% | 61.0%-12.1pp | 68.4%-19.5pp | 67.2%-18.4pp |
| Annual return | 25.44% | 30.06%-4.6pp | 32.79%-7.4pp | 160.72%-135.3pp |
| Employer contribution / active EE | $0 | $1,827-100.0% | $2,976-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,416 | $2,850-50.3% | $4,568-69.0% | $4,126-65.7% |
| Admin fee / account holder | $79 | $4,096-98.1% | $6,427-98.8% | $5,651-98.6% |