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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 | $97,289-54.3% | $92,805-52.1% | $155,188-71.4% |
| Participation rate | 40.0% | 84.2%-44.2pp | 83.5%-43.5pp | 80.8%-40.8pp |
| Annual return | 18.52% | 29.03%-10.5pp | 31.59%-13.1pp | 148.84%-130.3pp |
| Employer contribution / active EE | $0 | $3,632-100.0% | $3,424-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $4,209 | $8,795-52.1% | $8,448-50.2% | $6,531-35.5% |
| Admin fee / account holder | $130 | $12,015-98.9% | $10,911-98.8% | $14,480-99.1% |