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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 | $47,042 | $102,638-54.2% | $81,991-42.6% | $158,966-70.4% |
| Participation rate | 55.6% | 75.5%-20.0pp | 69.3%-13.7pp | 82.0%-26.4pp |
| Annual return | 8.92% | 61.05%-52.1pp | 41.31%-32.4pp | 302.95%-294.0pp |
| Employer contribution / active EE | $246 | $3,241-92.4% | $2,498-90.1% | $4,762-94.8% |
| Participant deferral / active EE | $1,122 | $4,649-75.9% | $3,722-69.9% | $5,983-81.2% |
| Admin fee / account holder | $12 | $8,237-99.9% | $5,665-99.8% | $11,250-99.9% |