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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 | $21,997 | $114,199-80.7% | $119,237-81.6% | $167,553-86.9% |
| Participation rate | 63.6% | 83.7%-20.1pp | 82.7%-19.1pp | 82.1%-18.5pp |
| Annual return | 16.02% | 29.88%-13.9pp | 30.70%-14.7pp | 478.89%-462.9pp |
| Employer contribution / active EE | $954 | $4,480-78.7% | $4,383-78.2% | $4,840-80.3% |
| Participant deferral / active EE | $2,758 | $6,086-54.7% | $6,112-54.9% | $6,343-56.5% |
| Admin fee / account holder | $0 | $8,939-100.0% | $7,229-100.0% | $12,316-100.0% |