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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 | $20,690 | $65,367-68.3% | $92,915-77.7% | $72,976-71.6% |
| Participation rate | 40.7% | 68.3%-27.6pp | 76.0%-35.3pp | 69.5%-28.7pp |
| Annual return | 47.43% | 42.11%+5.3pp | 109.45%-62.0pp | 81.02%-33.6pp |
| Employer contribution / active EE | $534 | $2,594-79.4% | $3,653-85.4% | $2,440-78.1% |
| Participant deferral / active EE | $2,134 | $3,128-31.8% | $4,238-49.6% | $3,608-40.8% |
| Admin fee / account holder | $182 | $4,251-95.7% | $5,796-96.9% | $5,124-96.5% |