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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 | $101,530 | $106,864-5.0% | $147,318-31.1% | $82,637+22.9% |
| Participation rate | 13.8% | 75.5%-61.7pp | 82.1%-68.3pp | 68.1%-54.3pp |
| Annual return | 21.67% | 27.49%-5.8pp | 70.43%-48.8pp | 53.51%-31.8pp |
| Employer contribution / active EE | $461 | $3,417-86.5% | $4,593-90.0% | $2,552-81.9% |
| Participant deferral / active EE | $2,451 | $6,496-62.3% | $7,906-69.0% | $4,126-40.6% |
| Admin fee / account holder | $58 | $8,415-99.3% | $13,708-99.6% | $7,339-99.2% |