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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 | $30,282 | $45,087-32.8% | $69,483-56.4% | $72,976-58.5% |
| Participation rate | 50.0% | 68.5%-18.5pp | 74.6%-24.6pp | 69.5%-19.5pp |
| Annual return | 12.74% | 22.67%-9.9pp | 28.99%-16.3pp | 81.02%-68.3pp |
| Employer contribution / active EE | $175 | $2,055-91.5% | $2,780-93.7% | $2,440-92.8% |
| Participant deferral / active EE | $1,090 | $2,603-58.1% | $3,537-69.2% | $3,608-69.8% |
| Admin fee / account holder | $185 | $3,057-94.0% | $3,841-95.2% | $5,124-96.4% |