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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 | $41,692 | $153,769-72.9% | $133,975-68.9% | $273,972-84.8% |
| Participation rate | 56.3% | 88.4%-32.1pp | 87.1%-30.8pp | 83.0%-26.8pp |
| Annual return | 14.16% | 36.51%-22.4pp | 29.29%-15.1pp | 41.46%-27.3pp |
| Employer contribution / active EE | $0 | $6,029-100.0% | $5,211-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $7,081 | $6,958+1.8% | $6,282+12.7% | $5,287+33.9% |
| Admin fee / account holder | $40 | $11,765-99.7% | $9,324-99.6% | $10,133-99.6% |