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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 | $12,710 | $37,446-66.1% | $77,552-83.6% | $79,856-84.1% |
| Participation rate | 9.1% | 41.5%-32.4pp | 54.2%-45.1pp | 69.6%-60.5pp |
| Annual return | 25.42% | 39.76%-14.3pp | 54.82%-29.4pp | 31.71%-6.3pp |
| Employer contribution / active EE | $92 | $637-85.6% | $987-90.7% | $2,471-96.3% |
| Participant deferral / active EE | $365 | $1,261-71.1% | $1,861-80.4% | $3,741-90.3% |
| Admin fee / account holder | $38 | $2,506-98.5% | $2,859-98.7% | $5,306-99.3% |