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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 | $56,881 | $43,075+32.1% | $74,577-23.7% | $62,881-9.5% |
| Participation rate | 57.7% | 58.1%-0.4pp | 68.1%-10.4pp | 69.3%-11.6pp |
| Annual return | 10.77% | 17.50%-6.7pp | 20.47%-9.7pp | 20.14%-9.4pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $6,763 | $2,389+183.0% | $3,458+95.6% | $3,203+111.1% |
| Admin fee / account holder | $41 | $2,840-98.6% | $4,138-99.0% | $4,296-99.0% |