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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 | $23,286 | $77,638-70.0% | $156,551-85.1% | $62,881-63.0% |
| Participation rate | 56.3% | 71.2%-14.9pp | 84.0%-27.8pp | 69.3%-13.1pp |
| Annual return | 5.06% | 50.33%-45.3pp | 32.23%-27.2pp | 20.14%-15.1pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $5,501-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,111 | $3,046-63.5% | $4,871-77.2% | $3,203-65.3% |
| Admin fee / account holder | $0 | $5,561-100.0% | $13,028-100.0% | $4,296-100.0% |