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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 | $30,940 | $110,379-72.0% | $102,412-69.8% | $145,884-78.8% |
| Participation rate | 44.4% | 77.9%-33.5pp | 74.5%-30.1pp | 80.3%-35.9pp |
| Annual return | 14.25% | 24.84%-10.6pp | 24.94%-10.7pp | 551.85%-537.6pp |
| Employer contribution / active EE | $781 | $4,216-81.5% | $3,870-79.8% | $4,662-83.3% |
| Participant deferral / active EE | $2,871 | $5,622-48.9% | $5,060-43.3% | $6,690-57.1% |
| Admin fee / account holder | $175 | $9,745-98.2% | $8,388-97.9% | $13,392-98.7% |