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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 | $56,984 | $81,331-29.9% | $155,534-63.4% | $80,935-29.6% |
| Participation rate | 52.3% | 66.3%-14.0pp | 78.2%-25.9pp | 67.7%-15.4pp |
| Annual return | 13.55% | 33.37%-19.8pp | 64.92%-51.4pp | 35.66%-22.1pp |
| Employer contribution / active EE | $0 | $3,105-100.0% | $4,675-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $5,291 | $3,454+53.2% | $5,630-6.0% | $4,299+23.1% |
| Admin fee / account holder | $103 | $7,999-98.7% | $15,900-99.3% | $6,924-98.5% |