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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 | $46,107 | $61,605-25.2% | $112,273-58.9% | $75,181-38.7% |
| Participation rate | 27.8% | 61.7%-33.9pp | 72.4%-44.7pp | 67.2%-39.4pp |
| Annual return | 17.49% | 28.47%-11.0pp | 30.23%-12.7pp | 160.69%-143.2pp |
| Employer contribution / active EE | $510 | $2,015-74.7% | $3,431-85.1% | $2,671-80.9% |
| Participant deferral / active EE | $1,701 | $3,108-45.3% | $4,800-64.6% | $4,126-58.8% |
| Admin fee / account holder | $17 | $4,862-99.7% | $7,752-99.8% | $5,650-99.7% |