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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 | $21,256 | $57,057-62.7% | $85,009-75.0% | $80,874-73.7% |
| Participation rate | 30.2% | 56.4%-26.2pp | 67.5%-37.3pp | 67.6%-37.5pp |
| Annual return | 13.56% | 21.66%-8.1pp | 66.47%-52.9pp | 35.62%-22.1pp |
| Employer contribution / active EE | $14 | $1,799-99.2% | $2,728-99.5% | $2,756-99.5% |
| Participant deferral / active EE | $1,105 | $3,112-64.5% | $4,522-75.6% | $4,297-74.3% |
| Admin fee / account holder | $266 | $4,986-94.7% | $6,153-95.7% | $6,935-96.2% |