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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 | $82,649 | $115,911-28.7% | $100,530-17.8% | $158,950-48.0% |
| Participation rate | 36.4% | 81.6%-45.2pp | 79.4%-43.0pp | 82.0%-45.6pp |
| Annual return | 0.00% | 34.80%-34.8pp | 30.89%-30.9pp | 302.91%-302.9pp |
| Employer contribution / active EE | $0 | $4,104-100.0% | $3,418-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $3,051 | $6,676-54.3% | $6,271-51.3% | $5,983-49.0% |
| Admin fee / account holder | $203 | $10,999-98.2% | $8,083-97.5% | $11,248-98.2% |