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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 | $45,879 | $56,197-18.4% | $67,652-32.2% | $59,633-23.1% |
| Participation rate | 49.0% | 71.5%-22.5pp | 75.7%-26.6pp | 68.7%-19.7pp |
| Annual return | 0.21% | 18508.10%-18507.9pp | 6625.40%-6625.2pp | 2041.45%-2041.2pp |
| Employer contribution / active EE | $0 | $1,615-100.0% | $2,266-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $2,168 | $2,844-23.8% | $3,560-39.1% | $3,192-32.1% |
| Admin fee / account holder | $217 | $3,958-94.5% | $4,821-95.5% | $4,297-95.0% |