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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 | $44,450 | $100,970-56.0% | $96,576-54.0% | $137,256-67.6% |
| Participation rate | 40.0% | 82.6%-42.6pp | 81.4%-41.4pp | 80.0%-40.0pp |
| Annual return | 18.52% | 38.16%-19.6pp | 38.47%-20.0pp | 220.34%-201.8pp |
| Employer contribution / active EE | $0 | $3,809-100.0% | $3,553-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $4,209 | $8,286-49.2% | $7,956-47.1% | $6,407-34.3% |
| Admin fee / account holder | $130 | $11,312-98.9% | $11,381-98.9% | $12,270-98.9% |