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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 | $73,617 | $94,031-21.7% | $115,768-36.4% | $82,448-10.7% |
| Participation rate | 17.4% | 70.4%-53.0pp | 74.4%-57.0pp | 68.1%-50.7pp |
| Annual return | 17.63% | 20.61%-3.0pp | 100.46%-82.8pp | 41.64%-24.0pp |
| Employer contribution / active EE | $407 | $2,323-82.5% | $2,940-86.1% | $2,551-84.0% |
| Participant deferral / active EE | $0 | $3,972-100.0% | $4,917-100.0% | $4,139-100.0% |
| Admin fee / account holder | $156 | $10,249-98.5% | $12,439-98.7% | $7,234-97.8% |