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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 | $29,502 | $96,558-69.4% | $80,977-63.6% | $273,972-89.2% |
| Participation rate | 33.3% | 79.1%-45.7pp | 75.8%-42.5pp | 83.0%-49.7pp |
| Annual return | 77.21% | 15.14%+62.1pp | 17.11%+60.1pp | 41.46%+35.8pp |
| Employer contribution / active EE | $0 | $4,869-100.0% | $3,715-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,412 | $6,598-63.4% | $5,696-57.7% | $5,287-54.4% |
| Admin fee / account holder | $103 | $7,493-98.6% | $5,517-98.1% | $10,133-99.0% |