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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 | $38,830 | $96,562-59.8% | $80,976-52.0% | $273,968-85.8% |
| Participation rate | 41.7% | 79.1%-37.4pp | 75.8%-34.1pp | 83.0%-41.3pp |
| Annual return | 2.84% | 15.14%-12.3pp | 17.10%-14.3pp | 41.45%-38.6pp |
| Employer contribution / active EE | $355 | $4,868-92.7% | $3,714-90.4% | $4,869-92.7% |
| Participant deferral / active EE | $2,029 | $6,597-69.2% | $5,696-64.4% | $5,287-61.6% |
| Admin fee / account holder | $249 | $7,493-96.7% | $5,516-95.5% | $10,132-97.5% |