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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 | $16,237 | $114,013-85.8% | $103,693-84.3% | $155,188-89.5% |
| Participation rate | 45.5% | 75.2%-29.7pp | 72.6%-27.2pp | 80.8%-35.3pp |
| Annual return | 20.75% | 49.31%-28.6pp | 47.61%-26.9pp | 148.84%-128.1pp |
| Employer contribution / active EE | $0 | $3,131-100.0% | $2,920-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,963 | $4,970-60.5% | $4,579-57.1% | $6,531-69.9% |
| Admin fee / account holder | $156 | $8,407-98.1% | $7,858-98.0% | $14,480-98.9% |