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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 | $42,946 | $153,769-72.1% | $133,975-67.9% | $273,972-84.3% |
| Participation rate | 66.7% | 88.4%-21.7pp | 87.1%-20.4pp | 83.0%-16.3pp |
| Annual return | 8.36% | 36.51%-28.2pp | 29.29%-20.9pp | 41.46%-33.1pp |
| Employer contribution / active EE | $1,077 | $6,029-82.1% | $5,211-79.3% | $4,869-77.9% |
| Participant deferral / active EE | $4,647 | $6,958-33.2% | $6,282-26.0% | $5,287-12.1% |
| Admin fee / account holder | $273 | $11,765-97.7% | $9,324-97.1% | $10,133-97.3% |