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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 | $26,609 | $27,800-4.3% | $58,507-54.5% | $71,529-62.8% |
| Participation rate | 12.0% | 34.6%-22.6pp | 50.9%-38.9pp | 67.9%-56.0pp |
| Annual return | 24.71% | 26.80%-2.1pp | 4252.32%-4227.6pp | 28.97%-4.3pp |
| Employer contribution / active EE | $0 | $632-100.0% | $1,053-100.0% | $2,590-100.0% |
| Participant deferral / active EE | $410 | $1,208-66.0% | $1,922-78.6% | $4,291-90.4% |
| Admin fee / account holder | $121 | $1,637-92.6% | $2,486-95.1% | $1,588-92.4% |