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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 | $32,537 | $84,236-61.4% | $170,435-80.9% | $70,126-53.6% |
| Participation rate | 48.1% | 70.8%-22.7pp | 83.6%-35.4pp | 69.5%-21.4pp |
| Annual return | 15.51% | 23.06%-7.6pp | 205.94%-190.4pp | 73.15%-57.6pp |
| Employer contribution / active EE | $347 | $3,387-89.8% | $5,432-93.6% | $2,343-85.2% |
| Participant deferral / active EE | $1,018 | $3,086-67.0% | $4,939-79.4% | $3,332-69.5% |
| Admin fee / account holder | $110 | $5,698-98.1% | $13,881-99.2% | $4,645-97.6% |