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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 | $17,837 | $115,225-84.5% | $100,712-82.3% | $138,895-87.2% |
| Participation rate | 25.0% | 74.3%-49.3pp | 69.3%-44.3pp | 79.9%-54.9pp |
| Annual return | 20.51% | 40.35%-19.8pp | 33.27%-12.8pp | 145.39%-124.9pp |
| Employer contribution / active EE | $0 | $2,771-100.0% | $2,313-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $1,328 | $4,699-71.7% | $4,085-67.5% | $6,396-79.2% |
| Admin fee / account holder | $135 | $10,844-98.8% | $9,256-98.5% | $12,562-98.9% |