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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 | $64,462+9.3% | $81,482-13.6% | $80,911-13.0% |
| Participation rate | 16.1% | 63.9%-47.8pp | 69.5%-53.4pp | 67.6%-51.5pp |
| Annual return | 12.58% | 16.35%-3.8pp | 24.79%-12.2pp | 35.63%-23.0pp |
| Employer contribution / active EE | $279 | $1,979-85.9% | $2,463-88.7% | $2,756-89.9% |
| Participant deferral / active EE | $1,173 | $3,094-62.1% | $3,885-69.8% | $4,297-72.7% |
| Admin fee / account holder | $153 | $5,678-97.3% | $5,761-97.3% | $6,935-97.8% |