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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 | $2,442 | $25,014-90.2% | $69,632-96.5% | $80,959-97.0% |
| Participation rate | 39.1% | 64.2%-25.1pp | 66.4%-27.3pp | 67.7%-28.5pp |
| Annual return | 12.51% | 19.08%-6.6pp | 101.32%-88.8pp | 35.67%-23.2pp |
| Employer contribution / active EE | $279 | $991-71.8% | $1,708-83.7% | $2,757-89.9% |
| Participant deferral / active EE | $1,022 | $1,840-44.5% | $2,889-64.6% | $4,300-76.2% |
| Admin fee / account holder | $89 | $2,491-96.4% | $4,695-98.1% | $6,925-98.7% |