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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 | $21,470 | $57,073-62.4% | $85,126-74.8% | $80,925-73.5% |
| Participation rate | 15.4% | 56.4%-41.0pp | 67.5%-52.1pp | 67.7%-52.3pp |
| Annual return | 19.38% | 21.69%-2.3pp | 66.63%-47.3pp | 35.65%-16.3pp |
| Employer contribution / active EE | $0 | $1,801-100.0% | $2,731-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,381 | $3,113-55.6% | $4,523-69.5% | $4,299-67.9% |
| Admin fee / account holder | $67 | $4,988-98.7% | $6,160-98.9% | $6,940-99.0% |