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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 | $71,840 | $96,558-25.6% | $80,977-11.3% | $273,972-73.8% |
| Participation rate | 57.1% | 79.1%-21.9pp | 75.8%-18.7pp | 83.0%-25.9pp |
| Annual return | 15.60% | 15.14%+0.5pp | 17.11%-1.5pp | 41.46%-25.9pp |
| Employer contribution / active EE | $0 | $4,869-100.0% | $3,715-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,874 | $6,598-41.3% | $5,696-32.0% | $5,287-26.7% |
| Admin fee / account holder | $76 | $7,493-99.0% | $5,517-98.6% | $10,133-99.2% |