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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 | $81,064 | $123,000-34.1% | $105,582-23.2% | $198,609-59.2% |
| Participation rate | 33.3% | 76.8%-43.4pp | 71.8%-38.4pp | 82.4%-49.0pp |
| Annual return | 11.49% | 18.31%-6.8pp | 18.61%-7.1pp | 202.70%-191.2pp |
| Employer contribution / active EE | $590 | $3,582-83.5% | $2,984-80.2% | $5,055-88.3% |
| Participant deferral / active EE | $2,262 | $5,013-54.9% | $4,353-48.0% | $6,977-67.6% |
| Admin fee / account holder | $0 | $16,254-100.0% | $12,856-100.0% | $19,030-100.0% |