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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 | $36,292 | $77,816-53.4% | $123,552-70.6% | $64,173-43.4% |
| Participation rate | 49.1% | 74.7%-25.7pp | 82.3%-33.2pp | 69.6%-20.5pp |
| Annual return | 1.45% | 12.49%-11.0pp | 119.20%-117.8pp | 7.63%-6.2pp |
| Employer contribution / active EE | $0 | $3,014-100.0% | $4,628-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $4,390 | $5,240-16.2% | $6,426-31.7% | $3,470+26.5% |
| Admin fee / account holder | $184 | $5,519-96.7% | $9,285-98.0% | $4,887-96.2% |