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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 | $38,653 | $135,956-71.6% | $123,894-68.8% | $273,972-85.9% |
| Participation rate | 11.1% | 84.1%-73.0pp | 81.4%-70.3pp | 83.0%-71.9pp |
| Annual return | 14.82% | 56.63%-41.8pp | 47.52%-32.7pp | 41.46%-26.6pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,617-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $2,000 | $6,343-68.5% | $5,984-66.6% | $5,287-62.2% |
| Admin fee / account holder | $142 | $9,817-98.6% | $8,357-98.3% | $10,133-98.6% |