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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 | $35,337 | $43,075-18.0% | $74,577-52.6% | $62,881-43.8% |
| Participation rate | 22.9% | 58.1%-35.2pp | 68.1%-45.3pp | 69.3%-46.4pp |
| Annual return | 18.11% | 17.50%+0.6pp | 20.47%-2.4pp | 20.14%-2.0pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,351 | $2,389-43.4% | $3,458-60.9% | $3,203-57.8% |
| Admin fee / account holder | $85 | $2,840-97.0% | $4,138-97.9% | $4,296-98.0% |