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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 | $112,729-76.6% | $98,716-73.3% | $137,256-80.8% |
| Participation rate | 30.8% | 74.2%-43.5pp | 69.3%-38.5pp | 80.0%-49.2pp |
| Annual return | 19.25% | 38.48%-19.2pp | 31.81%-12.6pp | 220.34%-201.1pp |
| Employer contribution / active EE | $267 | $2,725-90.2% | $2,279-88.3% | $4,156-93.6% |
| Participant deferral / active EE | $2,519 | $4,640-45.7% | $4,048-37.8% | $6,407-60.7% |
| Admin fee / account holder | $164 | $10,129-98.4% | $8,703-98.1% | $12,270-98.7% |