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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 | $13,380 | $123,155-89.1% | $108,753-87.7% | $155,188-91.4% |
| Participation rate | 55.6% | 75.6%-20.1pp | 71.1%-15.5pp | 80.8%-25.2pp |
| Annual return | 18.43% | 44.73%-26.3pp | 37.47%-19.0pp | 148.84%-130.4pp |
| Employer contribution / active EE | $0 | $2,811-100.0% | $2,427-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,720 | $4,623-62.8% | $4,115-58.2% | $6,531-73.7% |
| Admin fee / account holder | $96 | $12,126-99.2% | $10,320-99.1% | $14,480-99.3% |