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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 | $82,846 | $106,280-22.0% | $96,538-14.2% | $139,487-40.6% |
| Participation rate | 53.3% | 77.8%-24.5pp | 74.3%-21.0pp | 80.3%-27.0pp |
| Annual return | 16.50% | 38.48%-22.0pp | 35.74%-19.2pp | 373.84%-357.3pp |
| Employer contribution / active EE | $614 | $4,107-85.0% | $3,740-83.6% | $4,755-87.1% |
| Participant deferral / active EE | $2,526 | $5,457-53.7% | $4,880-48.2% | $6,713-62.4% |
| Admin fee / account holder | $175 | $7,888-97.8% | $6,737-97.4% | $11,407-98.5% |