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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 | $62,670 | $52,306+19.8% | $69,779-10.2% | $62,881-0.3% |
| Participation rate | 48.0% | 67.2%-19.2pp | 71.8%-23.8pp | 69.3%-21.3pp |
| Annual return | 9.40% | 13.35%-4.0pp | 12.99%-3.6pp | 20.14%-10.7pp |
| Employer contribution / active EE | $0 | $1,799-100.0% | $2,338-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,204 | $2,395-49.7% | $2,931-58.9% | $3,203-62.4% |
| Admin fee / account holder | $13 | $3,691-99.7% | $4,381-99.7% | $4,296-99.7% |