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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 | $20,032 | $111,814-82.1% | $103,378-80.6% | $145,978-86.3% |
| Participation rate | 47.1% | 77.9%-30.9pp | 74.5%-27.5pp | 80.3%-33.2pp |
| Annual return | 16.40% | 24.80%-8.4pp | 24.91%-8.5pp | 550.52%-534.1pp |
| Employer contribution / active EE | $824 | $4,215-80.4% | $3,870-78.7% | $4,662-82.3% |
| Participant deferral / active EE | $2,733 | $5,618-51.4% | $5,058-46.0% | $6,690-59.2% |
| Admin fee / account holder | $102 | $9,764-99.0% | $8,401-98.8% | $13,400-99.2% |