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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 | $13,437 | $43,075-68.8% | $74,577-82.0% | $62,881-78.6% |
| Participation rate | 21.4% | 58.1%-36.6pp | 68.1%-46.7pp | 69.3%-47.9pp |
| Annual return | 20.05% | 17.50%+2.5pp | 20.47%-0.4pp | 20.14%-0.1pp |
| Employer contribution / active EE | $109 | $1,498-92.7% | $2,525-95.7% | $2,281-95.2% |
| Participant deferral / active EE | $1,924 | $2,389-19.5% | $3,458-44.4% | $3,203-39.9% |
| Admin fee / account holder | $182 | $2,840-93.6% | $4,138-95.6% | $4,296-95.8% |