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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 | $45,415 | $88,583-48.7% | $88,497-48.7% | $273,972-83.4% |
| Participation rate | 25.0% | 83.5%-58.5pp | 82.4%-57.4pp | 83.0%-58.0pp |
| Annual return | 14.45% | 5.68%+8.8pp | 7.63%+6.8pp | 41.46%-27.0pp |
| Employer contribution / active EE | $1,040 | $4,502-76.9% | $4,036-74.2% | $4,869-78.6% |
| Participant deferral / active EE | $4,420 | $4,891-9.6% | $4,899-9.8% | $5,287-16.4% |
| Admin fee / account holder | $0 | $8,980-100.0% | $6,220-100.0% | $10,133-100.0% |