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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 | $35,575 | $65,034-45.3% | $90,970-60.9% | $79,856-55.5% |
| Participation rate | 34.8% | 61.6%-26.8pp | 69.0%-34.2pp | 69.6%-34.9pp |
| Annual return | 17.55% | 30.45%-12.9pp | 134.60%-117.0pp | 31.71%-14.2pp |
| Employer contribution / active EE | $53 | $1,247-95.7% | $2,122-97.5% | $2,471-97.8% |
| Participant deferral / active EE | $2,040 | $2,512-18.8% | $3,373-39.5% | $3,741-45.5% |
| Admin fee / account holder | $132 | $4,536-97.1% | $5,961-97.8% | $5,306-97.5% |