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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 | $11,403 | $102,245-88.8% | $89,340-87.2% | $137,256-91.7% |
| Participation rate | 19.0% | 74.9%-55.8pp | 69.6%-50.5pp | 80.0%-60.9pp |
| Annual return | 18.04% | 21.89%-3.8pp | 20.57%-2.5pp | 220.34%-202.3pp |
| Employer contribution / active EE | $0 | $2,529-100.0% | $2,231-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $950 | $4,436-78.6% | $3,823-75.2% | $6,407-85.2% |
| Admin fee / account holder | $237 | $8,085-97.1% | $6,704-96.5% | $12,270-98.1% |