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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 | $49,904 | $102,429-51.3% | $147,096-66.1% | $80,925-38.3% |
| Participation rate | 22.2% | 75.9%-53.6pp | 82.2%-60.0pp | 67.7%-45.4pp |
| Annual return | 17.64% | 135.02%-117.4pp | 419.75%-402.1pp | 35.65%-18.0pp |
| Employer contribution / active EE | $862 | $3,716-76.8% | $4,936-82.5% | $2,756-68.7% |
| Participant deferral / active EE | $2,664 | $6,649-59.9% | $8,071-67.0% | $4,299-38.0% |
| Admin fee / account holder | $28 | $7,957-99.6% | $13,005-99.8% | $6,940-99.6% |