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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 | $26,138 | $58,523-55.3% | $99,479-73.7% | $72,976-64.2% |
| Participation rate | 65.5% | 64.6%+0.8pp | 73.8%-8.4pp | 69.5%-4.0pp |
| Annual return | 21.44% | 28.51%-7.1pp | 30.72%-9.3pp | 81.02%-59.6pp |
| Employer contribution / active EE | $0 | $1,512-100.0% | $2,540-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,156 | $2,606-55.6% | $3,619-68.0% | $3,608-67.9% |
| Admin fee / account holder | $178 | $4,102-95.7% | $6,253-97.2% | $5,124-96.5% |