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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 | $22,836 | $45,082-49.3% | $69,464-67.1% | $72,975-68.7% |
| Participation rate | 55.4% | 68.5%-13.1pp | 74.6%-19.2pp | 69.5%-14.1pp |
| Annual return | 21.07% | 22.66%-1.6pp | 28.98%-7.9pp | 81.01%-59.9pp |
| Employer contribution / active EE | $47 | $2,055-97.7% | $2,779-98.3% | $2,440-98.1% |
| Participant deferral / active EE | $1,937 | $2,604-25.6% | $3,536-45.2% | $3,608-46.3% |
| Admin fee / account holder | $205 | $3,057-93.3% | $3,840-94.7% | $5,124-96.0% |