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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 | $58,258-45.7% | $81,820-61.3% | $80,925-60.9% |
| Participation rate | 33.3% | 63.5%-30.1pp | 72.4%-39.1pp | 67.7%-34.3pp |
| Annual return | 23.43% | 41.76%-18.3pp | 777.93%-754.5pp | 35.65%-12.2pp |
| Employer contribution / active EE | $0 | $2,345-100.0% | $2,915-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $2,375 | $3,284-27.7% | $4,323-45.1% | $4,299-44.7% |
| Admin fee / account holder | $291 | $4,976-94.2% | $7,391-96.1% | $6,940-95.8% |