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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 | $35,208 | $153,769-77.1% | $133,975-73.7% | $273,972-87.1% |
| Participation rate | 53.8% | 88.4%-34.5pp | 87.1%-33.2pp | 83.0%-29.2pp |
| Annual return | 6.75% | 36.51%-29.8pp | 29.29%-22.5pp | 41.46%-34.7pp |
| Employer contribution / active EE | $941 | $6,029-84.4% | $5,211-81.9% | $4,869-80.7% |
| Participant deferral / active EE | $3,911 | $6,958-43.8% | $6,282-37.7% | $5,287-26.0% |
| Admin fee / account holder | $0 | $11,765-100.0% | $9,324-100.0% | $10,133-100.0% |