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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 | $49,529 | $58,828-15.8% | $78,002-36.5% | $62,881-21.2% |
| Participation rate | 10.3% | 71.1%-60.7pp | 75.5%-65.2pp | 69.3%-59.0pp |
| Annual return | 13.85% | 17.16%-3.3pp | 425.99%-412.1pp | 20.14%-6.3pp |
| Employer contribution / active EE | $262 | $1,672-84.4% | $2,470-89.4% | $2,281-88.5% |
| Participant deferral / active EE | $1,340 | $2,686-50.1% | $3,497-61.7% | $3,203-58.2% |
| Admin fee / account holder | $0 | $4,393-100.0% | $5,481-100.0% | $4,296-100.0% |