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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 | $78,131 | $106,749-26.8% | $145,433-46.3% | $82,448-5.2% |
| Participation rate | 12.8% | 75.6%-62.8pp | 82.1%-69.3pp | 68.1%-55.2pp |
| Annual return | 16.93% | 27.59%-10.7pp | 66.58%-49.6pp | 41.64%-24.7pp |
| Employer contribution / active EE | $598 | $3,444-82.6% | $4,554-86.9% | $2,551-76.6% |
| Participant deferral / active EE | $2,746 | $6,519-57.9% | $7,897-65.2% | $4,139-33.7% |
| Admin fee / account holder | $16 | $8,390-99.8% | $13,129-99.9% | $7,234-99.8% |