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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 | $12,367 | $47,479-74.0% | $62,929-80.3% | $82,448-85.0% |
| Participation rate | 46.9% | 66.9%-20.0pp | 73.1%-26.2pp | 68.1%-21.2pp |
| Annual return | 20.68% | 20.34%+0.3pp | 1063.93%-1043.2pp | 41.64%-21.0pp |
| Employer contribution / active EE | $0 | $1,885-100.0% | $2,505-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,647 | $2,870-42.6% | $3,888-57.6% | $4,139-60.2% |
| Admin fee / account holder | $20 | $3,804-99.5% | $5,065-99.6% | $7,234-99.7% |