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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 | $18,798 | $124,980-85.0% | $108,359-82.7% | $154,746-87.9% |
| Participation rate | 41.2% | 75.2%-34.0pp | 70.1%-28.9pp | 80.7%-39.5pp |
| Annual return | 23.72% | 45.00%-21.3pp | 36.89%-13.2pp | 172.34%-148.6pp |
| Employer contribution / active EE | $0 | $2,851-100.0% | $2,399-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $2,079 | $4,743-56.2% | $4,137-49.8% | $6,730-69.1% |
| Admin fee / account holder | $187 | $11,502-98.4% | $9,741-98.1% | $14,365-98.7% |