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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 | $16,682 | $81,276-79.5% | $155,574-89.3% | $80,925-79.4% |
| Participation rate | 30.8% | 66.2%-35.5pp | 78.2%-47.4pp | 67.7%-36.9pp |
| Annual return | 19.04% | 33.36%-14.3pp | 64.87%-45.8pp | 35.65%-16.6pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $4,676-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,022 | $3,453-70.4% | $5,629-81.8% | $4,299-76.2% |
| Admin fee / account holder | $116 | $7,993-98.6% | $15,914-99.3% | $6,940-98.3% |