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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 | $40,288 | $56,544-28.7% | $75,501-46.6% | $70,124-42.5% |
| Participation rate | 46.2% | 68.1%-22.0pp | 72.4%-26.2pp | 69.5%-23.4pp |
| Annual return | 13.12% | 23.59%-10.5pp | 27.35%-14.2pp | 73.14%-60.0pp |
| Employer contribution / active EE | $0 | $1,817-100.0% | $2,352-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,867 | $2,580-27.6% | $3,142-40.6% | $3,332-44.0% |
| Admin fee / account holder | $83 | $3,827-97.8% | $5,801-98.6% | $4,645-98.2% |