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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 | $48,364 | $47,848+1.1% | $81,473-40.6% | $70,126-31.0% |
| Participation rate | 22.9% | 58.3%-35.4pp | 68.0%-45.1pp | 69.5%-46.7pp |
| Annual return | 23.73% | 27.25%-3.5pp | 38.78%-15.1pp | 73.15%-49.4pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,731 | $2,453-29.4% | $3,537-51.0% | $3,332-48.0% |
| Admin fee / account holder | $82 | $3,145-97.4% | $4,561-98.2% | $4,645-98.2% |