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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 | $47,331 | $181,896-74.0% | $156,551-69.8% | $273,972-82.7% |
| Participation rate | 30.0% | 88.4%-58.4pp | 84.0%-54.0pp | 83.0%-53.0pp |
| Annual return | 9.28% | 30.74%-21.5pp | 32.23%-23.0pp | 41.46%-32.2pp |
| Employer contribution / active EE | $763 | $6,248-87.8% | $5,501-86.1% | $4,869-84.3% |
| Participant deferral / active EE | $2,430 | $5,550-56.2% | $4,871-50.1% | $5,287-54.0% |
| Admin fee / account holder | $177 | $15,560-98.9% | $13,028-98.6% | $10,133-98.2% |