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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 | $36,692 | $99,345-63.1% | $84,753-56.7% | $273,972-86.6% |
| Participation rate | 11.1% | 80.7%-69.6pp | 76.6%-65.5pp | 83.0%-71.9pp |
| Annual return | 16.20% | 22.93%-6.7pp | 22.78%-6.6pp | 41.46%-25.3pp |
| Employer contribution / active EE | $320 | $4,214-92.4% | $3,574-91.0% | $4,869-93.4% |
| Participant deferral / active EE | $2,000 | $4,270-53.2% | $3,712-46.1% | $5,287-62.2% |
| Admin fee / account holder | $0 | $6,645-100.0% | $5,333-100.0% | $10,133-100.0% |