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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 | $42,638 | $86,949-51.0% | $102,460-58.4% | $80,959-47.3% |
| Participation rate | 52.6% | 72.4%-19.8pp | 76.5%-23.9pp | 67.7%-15.0pp |
| Annual return | 197.93% | 18.89%+179.0pp | 29.47%+168.5pp | 35.67%+162.3pp |
| Employer contribution / active EE | $534 | $2,370-77.5% | $3,025-82.4% | $2,757-80.6% |
| Participant deferral / active EE | $2,019 | $4,121-51.0% | $5,056-60.1% | $4,300-53.1% |
| Admin fee / account holder | $132 | $8,048-98.4% | $9,460-98.6% | $6,925-98.1% |