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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 | $31,656 | $58,311-45.7% | $81,882-61.3% | $80,959-60.9% |
| Participation rate | 33.3% | 63.5%-30.2pp | 72.4%-39.1pp | 67.7%-34.3pp |
| Annual return | 23.43% | 41.85%-18.4pp | 779.47%-756.0pp | 35.67%-12.2pp |
| Employer contribution / active EE | $0 | $2,347-100.0% | $2,916-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,375 | $3,287-27.7% | $4,323-45.1% | $4,300-44.8% |
| Admin fee / account holder | $291 | $4,752-93.9% | $7,360-96.0% | $6,925-95.8% |