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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 | $5,101 | $36,948-86.2% | $73,658-93.1% | $87,485-94.2% |
| Participation rate | 62.2% | 46.8%+15.4pp | 57.0%+5.2pp | 68.9%-6.7pp |
| Annual return | 22.37% | 28.64%-6.3pp | 29.72%-7.4pp | 26.06%-3.7pp |
| Employer contribution / active EE | $1 | $670-99.8% | $1,032-99.9% | $2,596-99.9% |
| Participant deferral / active EE | $1,454 | $1,379+5.4% | $2,062-29.5% | $4,274-66.0% |
| Admin fee / account holder | $197 | $2,531-92.2% | $3,357-94.1% | $7,775-97.5% |