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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 | $63,144 | $81,504-22.5% | $102,437-38.4% | $80,959-22.0% |
| Participation rate | 66.7% | 66.9%-0.2pp | 74.5%-7.8pp | 67.7%-1.0pp |
| Annual return | 12.98% | 25.60%-12.6pp | 24.95%-12.0pp | 35.67%-22.7pp |
| Employer contribution / active EE | $0 | $3,104-100.0% | $3,871-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $4,953 | $3,871+28.0% | $5,060-2.1% | $4,300+15.2% |
| Admin fee / account holder | $95 | $6,719-98.6% | $8,388-98.9% | $6,925-98.6% |