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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 | $24,993 | $37,446-33.3% | $77,552-67.8% | $79,856-68.7% |
| Participation rate | 14.8% | 41.5%-26.7pp | 54.2%-39.4pp | 69.6%-54.8pp |
| Annual return | 20.36% | 39.76%-19.4pp | 54.82%-34.5pp | 31.71%-11.4pp |
| Employer contribution / active EE | $77 | $637-88.0% | $987-92.2% | $2,471-96.9% |
| Participant deferral / active EE | $697 | $1,261-44.7% | $1,861-62.5% | $3,741-81.4% |
| Admin fee / account holder | $3 | $2,506-99.9% | $2,859-99.9% | $5,306-100.0% |