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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 | $19,259 | $44,746-57.0% | $88,179-78.2% | $64,097-70.0% |
| Participation rate | 27.8% | 39.8%-12.0pp | 69.1%-41.3pp | 55.2%-27.4pp |
| Annual return | 15.43% | 24.70%-9.3pp | 64.97%-49.5pp | 34.64%-19.2pp |
| Employer contribution / active EE | $108 | $1,078-90.0% | $2,549-95.8% | $1,891-94.3% |
| Participant deferral / active EE | $573 | $2,072-72.4% | $4,614-87.6% | $3,080-81.4% |
| Admin fee / account holder | $174 | $3,437-94.9% | $7,673-97.7% | $3,454-95.0% |