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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 | $15,732 | $100,279-84.3% | $81,353-80.7% | $145,884-89.2% |
| Participation rate | 50.0% | 74.3%-24.3pp | 69.5%-19.5pp | 80.3%-30.3pp |
| Annual return | 13.94% | 34.49%-20.5pp | 24.82%-10.9pp | 551.85%-537.9pp |
| Employer contribution / active EE | $91 | $2,979-96.9% | $2,464-96.3% | $4,662-98.0% |
| Participant deferral / active EE | $982 | $4,611-78.7% | $3,885-74.7% | $6,690-85.3% |
| Admin fee / account holder | $12 | $8,206-99.9% | $5,766-99.8% | $13,392-99.9% |