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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 | $49,217 | $91,167-46.0% | $178,498-72.4% | $79,858-38.4% |
| Participation rate | 8.8% | 69.2%-60.4pp | 81.9%-73.1pp | 69.6%-60.8pp |
| Annual return | 21.57% | 24.19%-2.6pp | 151.09%-129.5pp | 31.72%-10.1pp |
| Employer contribution / active EE | $152 | $3,255-95.3% | $5,011-97.0% | $2,471-93.8% |
| Participant deferral / active EE | $974 | $3,236-69.9% | $5,202-81.3% | $3,740-74.0% |
| Admin fee / account holder | $162 | $6,747-97.6% | $13,985-98.8% | $5,306-96.9% |