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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 | $12,305 | $102,609-88.0% | $98,090-87.5% | $138,895-91.1% |
| Participation rate | 62.5% | 82.8%-20.3pp | 81.5%-19.0pp | 79.9%-17.4pp |
| Annual return | 19.44% | 36.44%-17.0pp | 37.05%-17.6pp | 145.39%-126.0pp |
| Employer contribution / active EE | $0 | $3,867-100.0% | $3,606-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $6,659 | $8,167-18.5% | $7,845-15.1% | $6,396+4.1% |
| Admin fee / account holder | $122 | $11,434-98.9% | $11,815-99.0% | $12,562-99.0% |