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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 | $52,773 | $32,037+64.7% | $69,182-23.7% | $62,881-16.1% |
| Participation rate | 47.7% | 43.4%+4.3pp | 55.1%-7.4pp | 69.3%-21.6pp |
| Annual return | 6.55% | 15.16%-8.6pp | -21.93%+28.5pp | 20.14%-13.6pp |
| Employer contribution / active EE | $61 | $679-91.0% | $1,206-94.9% | $2,281-97.3% |
| Participant deferral / active EE | $1,406 | $1,185+18.6% | $1,897-25.9% | $3,203-56.1% |
| Admin fee / account holder | $285 | $2,608-89.1% | $2,697-89.4% | $4,296-93.4% |