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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 | $88,672-51.6% | $105,223-59.2% | $82,448-48.0% |
| Participation rate | 35.4% | 67.9%-32.5pp | 75.0%-39.6pp | 68.1%-32.6pp |
| Annual return | 20.97% | 30.86%-9.9pp | 180.65%-159.7pp | 41.64%-20.7pp |
| Employer contribution / active EE | $758 | $3,048-75.1% | $3,689-79.4% | $2,551-70.3% |
| Participant deferral / active EE | $1,792 | $4,036-55.6% | $5,072-64.7% | $4,139-56.7% |
| Admin fee / account holder | $182 | $7,146-97.5% | $8,859-97.9% | $7,234-97.5% |