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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 | $18,027 | $57,119-68.4% | $85,187-78.8% | $80,935-77.7% |
| Participation rate | 66.0% | 56.4%+9.5pp | 67.5%-1.6pp | 67.7%-1.7pp |
| Annual return | 17.15% | 21.70%-4.5pp | 66.67%-49.5pp | 35.66%-18.5pp |
| Employer contribution / active EE | $0 | $1,802-100.0% | $2,732-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,581 | $3,115-17.1% | $4,525-43.0% | $4,299-40.0% |
| Admin fee / account holder | $250 | $4,990-95.0% | $6,162-95.9% | $6,924-96.4% |