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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 | $64,806 | $58,828+10.2% | $78,002-16.9% | $62,881+3.1% |
| Participation rate | 69.6% | 71.1%-1.5pp | 75.5%-6.0pp | 69.3%+0.3pp |
| Annual return | 8.46% | 17.16%-8.7pp | 425.99%-417.5pp | 20.14%-11.7pp |
| Employer contribution / active EE | $146 | $1,672-91.3% | $2,470-94.1% | $2,281-93.6% |
| Participant deferral / active EE | $1,979 | $2,686-26.3% | $3,497-43.4% | $3,203-38.2% |
| Admin fee / account holder | $197 | $4,393-95.5% | $5,481-96.4% | $4,296-95.4% |