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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 | $79,395 | $107,809-26.4% | $97,032-18.2% | $155,188-48.8% |
| Participation rate | 27.3% | 75.5%-48.2pp | 71.6%-44.3pp | 80.8%-53.5pp |
| Annual return | 16.68% | 38.06%-21.4pp | 35.38%-18.7pp | 148.84%-132.2pp |
| Employer contribution / active EE | $36 | $2,911-98.8% | $2,629-98.6% | $4,248-99.1% |
| Participant deferral / active EE | $1,273 | $5,129-75.2% | $4,672-72.8% | $6,531-80.5% |
| Admin fee / account holder | $0 | $10,717-100.0% | $9,418-100.0% | $14,480-100.0% |