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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 | $22,115 | $55,684-60.3% | $75,900-70.9% | $72,976-69.7% |
| Participation rate | 61.7% | 61.1%+0.6pp | 69.3%-7.6pp | 69.5%-7.8pp |
| Annual return | 19.15% | 27.60%-8.4pp | 30.73%-11.6pp | 81.02%-61.9pp |
| Employer contribution / active EE | $283 | $1,687-83.2% | $2,501-88.7% | $2,440-88.4% |
| Participant deferral / active EE | $3,933 | $2,634+49.3% | $3,604+9.2% | $3,608+9.0% |
| Admin fee / account holder | $31 | $3,981-99.2% | $5,421-99.4% | $5,124-99.4% |