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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 | $30,058 | $99,345-69.7% | $84,753-64.5% | $273,972-89.0% |
| Participation rate | 26.1% | 80.7%-54.6pp | 76.6%-50.5pp | 83.0%-56.9pp |
| Annual return | 2.65% | 22.93%-20.3pp | 22.78%-20.1pp | 41.46%-38.8pp |
| Employer contribution / active EE | $79 | $4,214-98.1% | $3,574-97.8% | $4,869-98.4% |
| Participant deferral / active EE | $1,073 | $4,270-74.9% | $3,712-71.1% | $5,287-79.7% |
| Admin fee / account holder | $139 | $6,645-97.9% | $5,333-97.4% | $10,133-98.6% |