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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 | $28,128 | $162,967-82.7% | $135,792-79.3% | $138,895-79.7% |
| Participation rate | 38.1% | 78.3%-40.2pp | 72.6%-34.5pp | 79.9%-41.8pp |
| Annual return | 16.32% | 30.08%-13.8pp | 25.96%-9.6pp | 145.39%-129.1pp |
| Employer contribution / active EE | $268 | $4,211-93.6% | $3,496-92.3% | $4,194-93.6% |
| Participant deferral / active EE | $2,772 | $5,640-50.9% | $4,759-41.8% | $6,396-56.7% |
| Admin fee / account holder | $300 | $15,306-98.0% | $12,266-97.6% | $12,562-97.6% |