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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 | $37,187 | $65,367-43.1% | $92,915-60.0% | $72,976-49.0% |
| Participation rate | 29.6% | 68.3%-38.7pp | 76.0%-46.4pp | 69.5%-39.9pp |
| Annual return | 30.12% | 42.11%-12.0pp | 109.45%-79.3pp | 81.02%-50.9pp |
| Employer contribution / active EE | $424 | $2,594-83.7% | $3,653-88.4% | $2,440-82.6% |
| Participant deferral / active EE | $2,227 | $3,128-28.8% | $4,238-47.5% | $3,608-38.3% |
| Admin fee / account holder | $0 | $4,251-100.0% | $5,796-100.0% | $5,124-100.0% |