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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 | $16,346 | $47,848-65.8% | $81,473-79.9% | $70,126-76.7% |
| Participation rate | 23.6% | 58.3%-34.7pp | 68.0%-44.4pp | 69.5%-45.9pp |
| Annual return | 24.93% | 27.25%-2.3pp | 38.78%-13.9pp | 73.15%-48.2pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,285 | $2,453-47.6% | $3,537-63.7% | $3,332-61.4% |
| Admin fee / account holder | $20 | $3,145-99.4% | $4,561-99.6% | $4,645-99.6% |