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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 | $70,734 | $136,307-48.1% | $106,619-33.7% | $273,972-74.2% |
| Participation rate | 25.0% | 84.8%-59.8pp | 78.0%-53.0pp | 83.0%-58.0pp |
| Annual return | 6.05% | 11.05%-5.0pp | 9.42%-3.4pp | 41.46%-35.4pp |
| Employer contribution / active EE | $440 | $5,190-91.5% | $3,947-88.9% | $4,869-91.0% |
| Participant deferral / active EE | $3,000 | $4,969-39.6% | $3,930-23.7% | $5,287-43.3% |
| Admin fee / account holder | $0 | $8,625-100.0% | $6,418-100.0% | $10,133-100.0% |