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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 | $22,603 | $85,171-73.5% | $172,753-86.9% | $72,976-69.0% |
| Participation rate | 12.2% | 70.1%-57.9pp | 82.6%-70.5pp | 69.5%-57.3pp |
| Annual return | 25.64% | 27.32%-1.7pp | 803.00%-777.4pp | 81.02%-55.4pp |
| Employer contribution / active EE | $0 | $3,324-100.0% | $5,144-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,036 | $3,260-68.2% | $5,198-80.1% | $3,608-71.3% |
| Admin fee / account holder | $0 | $5,880-100.0% | $13,956-100.0% | $5,124-100.0% |