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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 | $40,964 | $75,541-45.8% | $152,093-73.1% | $82,637-50.4% |
| Participation rate | 20.0% | 66.5%-46.5pp | 77.8%-57.8pp | 68.1%-48.1pp |
| Annual return | 18.45% | 32.56%-14.1pp | 66.36%-47.9pp | 53.51%-35.1pp |
| Employer contribution / active EE | $0 | $2,622-100.0% | $4,175-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $1,203 | $3,206-62.5% | $5,451-77.9% | $4,126-70.8% |
| Admin fee / account holder | $274 | $6,405-95.7% | $14,497-98.1% | $7,339-96.3% |