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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 | $64,197 | $110,307-41.8% | $96,576-33.5% | $139,456-54.0% |
| Participation rate | 25.0% | 78.1%-53.1pp | 76.0%-51.0pp | 80.3%-55.3pp |
| Annual return | 35.77% | 26.40%+9.4pp | 25.87%+9.9pp | 373.45%-337.7pp |
| Employer contribution / active EE | $545 | $3,619-84.9% | $2,965-81.6% | $4,753-88.5% |
| Participant deferral / active EE | $2,217 | $5,547-60.0% | $4,851-54.3% | $6,711-67.0% |
| Admin fee / account holder | $44 | $11,597-99.6% | $8,253-99.5% | $11,407-99.6% |