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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 | $50,466 | $73,988-31.8% | $96,538-47.7% | $75,177-32.9% |
| Participation rate | 41.7% | 66.4%-24.8pp | 74.3%-32.7pp | 67.2%-25.5pp |
| Annual return | 16.70% | 26.73%-10.0pp | 35.74%-19.0pp | 160.75%-144.0pp |
| Employer contribution / active EE | $94 | $2,930-96.8% | $3,740-97.5% | $2,671-96.5% |
| Participant deferral / active EE | $1,949 | $3,660-46.8% | $4,880-60.1% | $4,126-52.8% |
| Admin fee / account holder | $265 | $5,220-94.9% | $6,737-96.1% | $5,651-95.3% |