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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 | $20,878 | $76,407-72.7% | $150,298-86.1% | $82,448-74.7% |
| Participation rate | 9.3% | 66.4%-57.1pp | 77.8%-68.5pp | 68.1%-58.8pp |
| Annual return | 25.49% | 39.99%-14.5pp | 62.79%-37.3pp | 41.64%-16.1pp |
| Employer contribution / active EE | $0 | $2,614-100.0% | $4,154-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $904 | $3,214-71.9% | $5,453-83.4% | $4,139-78.2% |
| Admin fee / account holder | $119 | $6,352-98.1% | $14,116-99.2% | $7,234-98.4% |