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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 | $51,230 | $67,602-24.2% | $82,312-37.8% | $70,126-26.9% |
| Participation rate | 52.8% | 72.8%-20.0pp | 76.9%-24.1pp | 69.5%-16.8pp |
| Annual return | 19.19% | 21.57%-2.4pp | 25.88%-6.7pp | 73.15%-54.0pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $2,360 | $2,987-21.0% | $3,706-36.3% | $3,332-29.2% |
| Admin fee / account holder | $261 | $4,512-94.2% | $5,608-95.3% | $4,645-94.4% |