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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 | $66,750 | $99,345-32.8% | $84,753-21.2% | $273,972-75.6% |
| Participation rate | 66.7% | 80.7%-14.0pp | 76.6%-9.9pp | 83.0%-16.3pp |
| Annual return | 4.27% | 22.93%-18.7pp | 22.78%-18.5pp | 41.46%-37.2pp |
| Employer contribution / active EE | $435 | $4,214-89.7% | $3,574-87.8% | $4,869-91.1% |
| Participant deferral / active EE | $2,177 | $4,270-49.0% | $3,712-41.3% | $5,287-58.8% |
| Admin fee / account holder | $0 | $6,645-100.0% | $5,333-100.0% | $10,133-100.0% |