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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 | $56,870 | $55,713+2.1% | $75,894-25.1% | $72,983-22.1% |
| Participation rate | 30.6% | 61.1%-30.6pp | 69.3%-38.7pp | 69.5%-38.9pp |
| Annual return | 24.84% | 27.60%-2.8pp | 30.76%-5.9pp | 81.01%-56.2pp |
| Employer contribution / active EE | $0 | $1,687-100.0% | $2,501-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,412 | $2,634-46.4% | $3,603-60.8% | $3,608-60.9% |
| Admin fee / account holder | $9 | $3,980-99.8% | $5,420-99.8% | $5,124-99.8% |