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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 | $7,461 | $63,703-88.3% | $93,063-92.0% | $82,448-91.0% |
| Participation rate | 32.7% | 63.8%-31.2pp | 72.1%-39.5pp | 68.1%-35.4pp |
| Annual return | 21.82% | -775.43%+797.3pp | 34.15%-12.3pp | 41.64%-19.8pp |
| Employer contribution / active EE | $0 | $1,729-100.0% | $2,476-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,103 | $2,919-62.2% | $3,958-72.1% | $4,139-73.4% |
| Admin fee / account holder | $33 | $5,982-99.4% | $6,033-99.5% | $7,234-99.5% |