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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 | $14,245 | $76,407-81.4% | $150,298-90.5% | $82,448-82.7% |
| Participation rate | 26.3% | 66.4%-40.1pp | 77.8%-51.4pp | 68.1%-41.8pp |
| Annual return | 19.94% | 39.99%-20.1pp | 62.79%-42.8pp | 41.64%-21.7pp |
| Employer contribution / active EE | $231 | $2,614-91.2% | $4,154-94.4% | $2,551-91.0% |
| Participant deferral / active EE | $1,101 | $3,214-65.7% | $5,453-79.8% | $4,139-73.4% |
| Admin fee / account holder | $214 | $6,352-96.6% | $14,116-98.5% | $7,234-97.0% |