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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 | $66,426 | $177,156-62.5% | $147,027-54.8% | $154,746-57.1% |
| Participation rate | 36.4% | 79.4%-43.0pp | 73.7%-37.4pp | 80.7%-44.3pp |
| Annual return | 15.04% | 21.94%-6.9pp | 20.23%-5.2pp | 172.34%-157.3pp |
| Employer contribution / active EE | $871 | $4,336-79.9% | $3,626-76.0% | $4,379-80.1% |
| Participant deferral / active EE | $1,541 | $5,797-73.4% | $4,933-68.8% | $6,730-77.1% |
| Admin fee / account holder | $0 | $14,904-100.0% | $12,223-100.0% | $14,365-100.0% |