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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 | $112,729-83.3% | $98,716-81.0% | $137,256-86.3% |
| Participation rate | 41.2% | 74.2%-33.1pp | 69.3%-28.1pp | 80.0%-38.8pp |
| Annual return | 23.72% | 38.48%-14.8pp | 31.81%-8.1pp | 220.34%-196.6pp |
| Employer contribution / active EE | $0 | $2,725-100.0% | $2,279-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $2,079 | $4,640-55.2% | $4,048-48.6% | $6,407-67.6% |
| Admin fee / account holder | $187 | $10,129-98.2% | $8,703-97.8% | $12,270-98.5% |