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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 | $29,627 | $96,956-69.4% | $69,779-57.5% | $273,972-89.2% |
| Participation rate | 63.6% | 77.1%-13.4pp | 71.8%-8.2pp | 83.0%-19.4pp |
| Annual return | 5.84% | 12.93%-7.1pp | 12.99%-7.1pp | 41.46%-35.6pp |
| Employer contribution / active EE | $147 | $3,316-95.6% | $2,338-93.7% | $4,869-97.0% |
| Participant deferral / active EE | $673 | $3,744-82.0% | $2,931-77.0% | $5,287-87.3% |
| Admin fee / account holder | $44 | $7,934-99.4% | $4,381-99.0% | $10,133-99.6% |