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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 | $68,743 | $96,558-28.8% | $80,977-15.1% | $273,972-74.9% |
| Participation rate | 50.0% | 79.1%-29.1pp | 75.8%-25.8pp | 83.0%-33.0pp |
| Annual return | 7.61% | 15.14%-7.5pp | 17.11%-9.5pp | 41.46%-33.8pp |
| Employer contribution / active EE | $161 | $4,869-96.7% | $3,715-95.7% | $4,869-96.7% |
| Participant deferral / active EE | $1,908 | $6,598-71.1% | $5,696-66.5% | $5,287-63.9% |
| Admin fee / account holder | $68 | $7,493-99.1% | $5,517-98.8% | $10,133-99.3% |