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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 | $78,690-47.9% | $161,489-74.6% | $87,485-53.2% |
| Participation rate | 20.0% | 67.5%-47.5pp | 78.7%-58.7pp | 68.9%-48.9pp |
| Annual return | 18.45% | 32.74%-14.3pp | 89.72%-71.3pp | 26.06%-7.6pp |
| Employer contribution / active EE | $0 | $2,588-100.0% | $4,268-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,203 | $3,311-63.7% | $5,630-78.6% | $4,274-71.9% |
| Admin fee / account holder | $274 | $6,724-95.9% | $16,006-98.3% | $7,775-96.5% |