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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 | $76,873 | $39,132+96.4% | $57,196+34.4% | $62,881+22.3% |
| Participation rate | 21.1% | 70.5%-49.4pp | 75.3%-54.3pp | 69.3%-48.3pp |
| Annual return | 7.95% | 9.24%-1.3pp | 14.59%-6.6pp | 20.14%-12.2pp |
| Employer contribution / active EE | $73 | $1,874-96.1% | $2,683-97.3% | $2,281-96.8% |
| Participant deferral / active EE | $745 | $2,374-68.6% | $3,096-75.9% | $3,203-76.7% |
| Admin fee / account holder | $0 | $2,594-100.0% | $3,141-100.0% | $4,296-100.0% |