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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 | $27,638 | $70,475-60.8% | $100,530-72.5% | $79,858-65.4% |
| Participation rate | 26.7% | 73.7%-47.0pp | 79.4%-52.7pp | 69.6%-43.0pp |
| Annual return | 17.37% | 21.90%-4.5pp | 30.89%-13.5pp | 31.72%-14.3pp |
| Employer contribution / active EE | $0 | $2,165-100.0% | $3,418-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,357 | $5,181-54.5% | $6,271-62.4% | $3,740-37.0% |
| Admin fee / account holder | $155 | $4,478-96.5% | $8,083-98.1% | $5,306-97.1% |