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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 | $26,394 | $124,980-78.9% | $108,359-75.6% | $154,746-82.9% |
| Participation rate | 30.8% | 75.2%-44.4pp | 70.1%-39.4pp | 80.7%-49.9pp |
| Annual return | 19.25% | 45.00%-25.8pp | 36.89%-17.6pp | 172.34%-153.1pp |
| Employer contribution / active EE | $267 | $2,851-90.6% | $2,399-88.9% | $4,379-93.9% |
| Participant deferral / active EE | $2,519 | $4,743-46.9% | $4,137-39.1% | $6,730-62.6% |
| Admin fee / account holder | $164 | $11,502-98.6% | $9,741-98.3% | $14,365-98.9% |