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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 | $33,789 | $47,848-29.4% | $81,473-58.5% | $70,126-51.8% |
| Participation rate | 4.6% | 58.3%-53.7pp | 68.0%-63.3pp | 69.5%-64.9pp |
| Annual return | 20.39% | 27.25%-6.9pp | 38.78%-18.4pp | 73.15%-52.8pp |
| Employer contribution / active EE | $103 | $1,527-93.2% | $2,568-96.0% | $2,343-95.6% |
| Participant deferral / active EE | $907 | $2,453-63.0% | $3,537-74.4% | $3,332-72.8% |
| Admin fee / account holder | $210 | $3,145-93.3% | $4,561-95.4% | $4,645-95.5% |