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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 | $60,725 | $127,387-52.3% | $115,038-47.2% | $125,389-51.6% |
| Participation rate | 46.2% | 84.2%-38.0pp | 81.4%-35.2pp | 83.2%-37.0pp |
| Annual return | 0.00% | 31.28%-31.3pp | 26.14%-26.1pp | 282.24%-282.2pp |
| Employer contribution / active EE | $346 | $5,166-93.3% | $4,608-92.5% | $4,866-92.9% |
| Participant deferral / active EE | $2,211 | $6,423-65.6% | $6,026-63.3% | $5,352-58.7% |
| Admin fee / account holder | $127 | $9,516-98.7% | $8,175-98.4% | $9,541-98.7% |