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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 | $32,201 | $110,337-70.8% | $102,383-68.5% | $145,877-77.9% |
| Participation rate | 38.1% | 77.9%-39.8pp | 74.5%-36.4pp | 80.3%-42.2pp |
| Annual return | 14.47% | 24.83%-10.4pp | 24.94%-10.5pp | 551.28%-536.8pp |
| Employer contribution / active EE | $774 | $4,216-81.6% | $3,870-80.0% | $4,663-83.4% |
| Participant deferral / active EE | $2,344 | $5,621-58.3% | $5,060-53.7% | $6,691-65.0% |
| Admin fee / account holder | $29 | $9,750-99.7% | $8,391-99.7% | $13,402-99.8% |