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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 | $41,378 | $63,342-34.7% | $92,235-55.1% | $70,131-41.0% |
| Participation rate | 36.8% | 68.7%-31.8pp | 76.5%-39.6pp | 69.5%-32.7pp |
| Annual return | 17.33% | 530.15%-512.8pp | 176.28%-159.0pp | 73.14%-55.8pp |
| Employer contribution / active EE | $293 | $2,471-88.2% | $3,679-92.0% | $2,342-87.5% |
| Participant deferral / active EE | $1,244 | $2,854-56.4% | $3,897-68.1% | $3,332-62.7% |
| Admin fee / account holder | $64 | $3,840-98.3% | $5,194-98.8% | $4,645-98.6% |