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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 | $25,075 | $63,354-60.4% | $94,105-73.4% | $82,637-69.7% |
| Participation rate | 59.1% | 63.8%-4.7pp | 71.9%-12.9pp | 68.1%-9.0pp |
| Annual return | 16.63% | 34.36%-17.7pp | 204.55%-187.9pp | 53.51%-36.9pp |
| Employer contribution / active EE | $32 | $1,760-98.2% | $2,504-98.7% | $2,552-98.7% |
| Participant deferral / active EE | $1,836 | $2,873-36.1% | $3,881-52.7% | $4,126-55.5% |
| Admin fee / account holder | $289 | $5,073-94.3% | $6,199-95.3% | $7,339-96.1% |