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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 | $23,160 | $88,583-73.9% | $88,497-73.8% | $273,972-91.5% |
| Participation rate | 66.7% | 83.5%-16.8pp | 82.4%-15.7pp | 83.0%-16.3pp |
| Annual return | 3.89% | 5.68%-1.8pp | 7.63%-3.7pp | 41.46%-37.6pp |
| Employer contribution / active EE | $1,045 | $4,502-76.8% | $4,036-74.1% | $4,869-78.5% |
| Participant deferral / active EE | $1,887 | $4,891-61.4% | $4,899-61.5% | $5,287-64.3% |
| Admin fee / account holder | $193 | $8,980-97.9% | $6,220-96.9% | $10,133-98.1% |