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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 | $13,421 | $51,638-74.0% | $68,368-80.4% | $82,448-83.7% |
| Participation rate | 28.6% | 63.6%-35.0pp | 73.8%-45.2pp | 68.1%-39.5pp |
| Annual return | 18.85% | 37.53%-18.7pp | 292.57%-273.7pp | 41.64%-22.8pp |
| Employer contribution / active EE | $0 | $2,047-100.0% | $2,649-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $929 | $2,914-68.1% | $4,123-77.5% | $4,139-77.6% |
| Admin fee / account holder | $269 | $4,643-94.2% | $5,150-94.8% | $7,234-96.3% |