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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 | $58,770 | $99,345-40.8% | $84,753-30.7% | $273,970-78.5% |
| Participation rate | 26.3% | 80.7%-54.4pp | 76.6%-50.3pp | 83.0%-56.7pp |
| Annual return | 10.09% | 22.93%-12.8pp | 22.78%-12.7pp | 41.46%-31.4pp |
| Employer contribution / active EE | $0 | $4,214-100.0% | $3,574-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,242 | $4,270-24.1% | $3,712-12.6% | $5,287-38.7% |
| Admin fee / account holder | $275 | $6,645-95.9% | $5,333-94.8% | $10,132-97.3% |