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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 | $17,970 | $45,087-60.1% | $69,483-74.1% | $72,976-75.4% |
| Participation rate | 48.1% | 68.5%-20.3pp | 74.6%-26.5pp | 69.5%-21.3pp |
| Annual return | 24.80% | 22.67%+2.1pp | 28.99%-4.2pp | 81.02%-56.2pp |
| Employer contribution / active EE | $0 | $2,055-100.0% | $2,780-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,396 | $2,603-46.4% | $3,537-60.5% | $3,608-61.3% |
| Admin fee / account holder | $132 | $3,057-95.7% | $3,841-96.6% | $5,124-97.4% |