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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 | $41,444 | $31,388+32.0% | $73,545-43.6% | $62,293-33.5% |
| Participation rate | 6.7% | 39.9%-33.1pp | 54.9%-48.2pp | 69.5%-62.8pp |
| Annual return | 21.38% | 25.34%-4.0pp | -15.16%+36.5pp | 28.90%-7.5pp |
| Employer contribution / active EE | $0 | $498-100.0% | $1,219-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $593 | $1,028-42.3% | $1,806-67.1% | $3,169-81.3% |
| Admin fee / account holder | $16 | $299-94.8% | $2,320-99.3% | $479-96.7% |