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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 | $6,786 | $104,650-93.5% | $83,854-91.9% | $155,188-95.6% |
| Participation rate | 50.0% | 65.1%-15.1pp | 59.1%-9.1pp | 80.8%-30.8pp |
| Annual return | 23.80% | 28.97%-5.2pp | 31.39%-7.6pp | 148.84%-125.0pp |
| Employer contribution / active EE | $0 | $1,196-100.0% | $1,017-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,688 | $2,367-28.7% | $2,035-17.0% | $6,531-74.2% |
| Admin fee / account holder | $66 | $3,518-98.1% | $3,197-97.9% | $14,480-99.5% |