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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 | $70,428 | $63,809+10.4% | $81,353-13.4% | $80,935-13.0% |
| Participation rate | 16.1% | 63.9%-47.8pp | 69.5%-53.4pp | 67.7%-51.5pp |
| Annual return | 12.58% | 16.37%-3.8pp | 24.82%-12.2pp | 35.66%-23.1pp |
| Employer contribution / active EE | $279 | $1,981-85.9% | $2,464-88.7% | $2,757-89.9% |
| Participant deferral / active EE | $1,173 | $3,093-62.1% | $3,885-69.8% | $4,299-72.7% |
| Admin fee / account holder | $153 | $5,686-97.3% | $5,766-97.3% | $6,924-97.8% |