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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 | $51,610 | $91,198-43.4% | $178,503-71.1% | $79,856-35.4% |
| Participation rate | 60.4% | 69.2%-8.8pp | 81.9%-21.6pp | 69.6%-9.3pp |
| Annual return | 21.71% | 24.20%-2.5pp | 151.12%-129.4pp | 31.71%-10.0pp |
| Employer contribution / active EE | $275 | $3,257-91.6% | $5,011-94.5% | $2,471-88.9% |
| Participant deferral / active EE | $1,331 | $3,237-58.9% | $5,202-74.4% | $3,741-64.4% |
| Admin fee / account holder | $291 | $6,748-95.7% | $13,987-97.9% | $5,306-94.5% |