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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 | $27,869 | $93,346-70.1% | $71,796-61.2% | $273,972-89.8% |
| Participation rate | 59.1% | 76.5%-17.4pp | 69.1%-10.0pp | 83.0%-23.9pp |
| Annual return | 4.84% | 130.39%-125.6pp | 78.04%-73.2pp | 41.46%-36.6pp |
| Employer contribution / active EE | $226 | $2,733-91.7% | $1,924-88.3% | $4,869-95.4% |
| Participant deferral / active EE | $1,888 | $3,475-45.7% | $2,794-32.5% | $5,287-64.3% |
| Admin fee / account holder | $274 | $6,571-95.8% | $4,815-94.3% | $10,133-97.3% |