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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 | $63,034 | $51,222+23.1% | $70,544-10.6% | $75,173-16.1% |
| Participation rate | 49.1% | 61.0%-11.9pp | 68.4%-19.3pp | 67.2%-18.1pp |
| Annual return | 18.20% | 30.06%-11.9pp | 32.79%-14.6pp | 160.72%-142.5pp |
| Employer contribution / active EE | $356 | $1,827-80.5% | $2,976-88.0% | $2,671-86.7% |
| Participant deferral / active EE | $2,892 | $2,850+1.5% | $4,568-36.7% | $4,126-29.9% |
| Admin fee / account holder | $29 | $4,096-99.3% | $6,427-99.5% | $5,651-99.5% |