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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 | $48,454 | $102,828-52.9% | $105,387-54.0% | $152,897-68.3% |
| Participation rate | 35.3% | 83.8%-48.5pp | 82.6%-47.3pp | 82.5%-47.2pp |
| Annual return | 22.85% | 20.85%+2.0pp | 26.82%-4.0pp | 345.43%-322.6pp |
| Employer contribution / active EE | $805 | $4,473-82.0% | $4,213-80.9% | $4,764-83.1% |
| Participant deferral / active EE | $3,108 | $5,465-43.1% | $5,502-43.5% | $5,851-46.9% |
| Admin fee / account holder | $0 | $8,683-100.0% | $6,559-100.0% | $11,599-100.0% |