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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 | $108,421 | $69,977+54.9% | $108,582-0.1% | $62,881+72.4% |
| Participation rate | 25.9% | 72.9%-47.0pp | 79.6%-53.7pp | 69.3%-43.4pp |
| Annual return | 7.04% | 10.73%-3.7pp | -51.70%+58.7pp | 20.14%-13.1pp |
| Employer contribution / active EE | $0 | $2,135-100.0% | $3,758-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,921 | $3,165-7.7% | $4,311-32.3% | $3,203-8.8% |
| Admin fee / account holder | $209 | $5,076-95.9% | $7,645-97.3% | $4,296-95.1% |