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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 | $74,723 | $56,054+33.3% | $171,082-56.3% | $62,881+18.8% |
| Participation rate | 32.9% | 62.9%-30.0pp | 76.7%-43.8pp | 69.3%-36.4pp |
| Annual return | 8.46% | 22.52%-14.1pp | 32.56%-24.1pp | 20.14%-11.7pp |
| Employer contribution / active EE | $240 | $1,731-86.1% | $4,002-94.0% | $2,281-89.5% |
| Participant deferral / active EE | $1,261 | $3,158-60.1% | $4,797-73.7% | $3,203-60.6% |
| Admin fee / account holder | $19 | $3,647-99.5% | $8,520-99.8% | $4,296-99.6% |