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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 | $81,406 | $77,896+4.5% | $134,172-39.3% | $82,448-1.3% |
| Participation rate | 44.7% | 62.8%-18.1pp | 72.5%-27.7pp | 68.1%-23.3pp |
| Annual return | 16.68% | 18.21%-1.5pp | 25.30%-8.6pp | 41.64%-25.0pp |
| Employer contribution / active EE | $549 | $2,159-74.6% | $3,420-84.0% | $2,551-78.5% |
| Participant deferral / active EE | $1,233 | $3,162-61.0% | $4,690-73.7% | $4,139-70.2% |
| Admin fee / account holder | $7 | $6,336-99.9% | $12,016-99.9% | $7,234-99.9% |