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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 | $55,457 | $95,453-41.9% | $112,040-50.5% | $82,448-32.7% |
| Participation rate | 34.4% | 72.8%-38.4pp | 76.5%-42.1pp | 68.1%-33.7pp |
| Annual return | 16.71% | 23.92%-7.2pp | 24.52%-7.8pp | 41.64%-24.9pp |
| Employer contribution / active EE | $262 | $2,318-88.7% | $2,954-91.1% | $2,551-89.7% |
| Participant deferral / active EE | $1,976 | $4,224-53.2% | $5,098-61.2% | $4,139-52.3% |
| Admin fee / account holder | $84 | $9,013-99.1% | $12,098-99.3% | $7,234-98.8% |