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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 | $37,314 | $72,273-48.4% | $101,275-63.2% | $79,856-53.3% |
| Participation rate | 14.7% | 68.5%-53.8pp | 75.8%-61.1pp | 69.6%-54.9pp |
| Annual return | 39.79% | 22.30%+17.5pp | 46.48%-6.7pp | 31.71%+8.1pp |
| Employer contribution / active EE | $483 | $2,691-82.0% | $3,660-86.8% | $2,471-80.4% |
| Participant deferral / active EE | $2,388 | $3,282-27.2% | $4,371-45.4% | $3,741-36.2% |
| Admin fee / account holder | $199 | $4,401-95.5% | $5,948-96.7% | $5,306-96.2% |