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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 | $24,559 | $124,330-80.2% | $109,173-77.5% | $167,536-85.3% |
| Participation rate | 41.7% | 79.5%-37.8pp | 75.9%-34.2pp | 82.1%-40.4pp |
| Annual return | 11.11% | 26.04%-14.9pp | 25.75%-14.6pp | 478.82%-467.7pp |
| Employer contribution / active EE | $723 | $4,209-82.8% | $3,723-80.6% | $4,839-85.1% |
| Participant deferral / active EE | $2,505 | $5,256-52.4% | $4,654-46.2% | $6,342-60.5% |
| Admin fee / account holder | $158 | $7,974-98.0% | $6,755-97.7% | $12,315-98.7% |