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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 | $42,879 | $89,259-52.0% | $107,187-60.0% | $82,637-48.1% |
| Participation rate | 35.4% | 67.9%-32.5pp | 75.0%-39.6pp | 68.1%-32.6pp |
| Annual return | 20.97% | 21.02%0pp | 204.55%-183.6pp | 53.51%-32.5pp |
| Employer contribution / active EE | $758 | $3,080-75.4% | $3,782-80.0% | $2,552-70.3% |
| Participant deferral / active EE | $1,792 | $4,037-55.6% | $5,096-64.8% | $4,126-56.6% |
| Admin fee / account holder | $182 | $7,381-97.5% | $9,162-98.0% | $7,339-97.5% |