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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 | $51,062 | $176,794-71.1% | $146,647-65.2% | $167,553-69.5% |
| Participation rate | 68.4% | 83.6%-15.2pp | 80.1%-11.7pp | 82.1%-13.7pp |
| Annual return | 15.18% | 24.04%-8.9pp | 22.75%-7.6pp | 478.89%-463.7pp |
| Employer contribution / active EE | $952 | $5,161-81.6% | $4,137-77.0% | $4,840-80.3% |
| Participant deferral / active EE | $2,651 | $6,440-58.8% | $5,506-51.9% | $6,343-58.2% |
| Admin fee / account holder | $237 | $13,262-98.2% | $10,281-97.7% | $12,316-98.1% |