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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 | $35,061 | $48,078-27.1% | $78,676-55.4% | $62,881-44.2% |
| Participation rate | 41.5% | 65.2%-23.7pp | 73.6%-32.1pp | 69.3%-27.8pp |
| Annual return | 5.79% | 31.36%-25.6pp | 62.19%-56.4pp | 20.14%-14.4pp |
| Employer contribution / active EE | $0 | $2,015-100.0% | $2,850-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,209 | $2,587-53.3% | $3,517-65.6% | $3,203-62.3% |
| Admin fee / account holder | $276 | $3,206-91.4% | $4,510-93.9% | $4,296-93.6% |