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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 | $63,189 | $57,073+10.7% | $85,126-25.8% | $80,925-21.9% |
| Participation rate | 23.4% | 56.4%-33.0pp | 67.5%-44.1pp | 67.7%-44.3pp |
| Annual return | 12.23% | 21.69%-9.5pp | 66.63%-54.4pp | 35.65%-23.4pp |
| Employer contribution / active EE | $247 | $1,801-86.3% | $2,731-90.9% | $2,756-91.0% |
| Participant deferral / active EE | $1,046 | $3,113-66.4% | $4,523-76.9% | $4,299-75.7% |
| Admin fee / account holder | $0 | $4,988-100.0% | $6,160-100.0% | $6,940-100.0% |