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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 | $9,276 | $107,809-91.4% | $97,032-90.4% | $155,188-94.0% |
| Participation rate | 60.0% | 75.5%-15.5pp | 71.6%-11.6pp | 80.8%-20.8pp |
| Annual return | 20.54% | 38.06%-17.5pp | 35.38%-14.8pp | 148.84%-128.3pp |
| Employer contribution / active EE | $0 | $2,911-100.0% | $2,629-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,883 | $5,129-63.3% | $4,672-59.7% | $6,531-71.2% |
| Admin fee / account holder | $23 | $10,717-99.8% | $9,418-99.8% | $14,480-99.8% |