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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 | $25,770 | $81,258-68.3% | $105,218-75.5% | $59,633-56.8% |
| Participation rate | 57.6% | 75.4%-17.8pp | 77.2%-19.7pp | 68.7%-11.1pp |
| Annual return | 5.61% | 1.96%+3.7pp | 5.33%+0.3pp | 2041.45%-2035.8pp |
| Employer contribution / active EE | $306 | $2,562-88.0% | $3,255-90.6% | $2,203-86.1% |
| Participant deferral / active EE | $3,033 | $3,881-21.8% | $4,867-37.7% | $3,192-5.0% |
| Admin fee / account holder | $235 | $5,841-96.0% | $6,992-96.6% | $4,297-94.5% |