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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 | $50,746 | $72,273-29.8% | $101,275-49.9% | $79,856-36.5% |
| Participation rate | 27.6% | 68.5%-40.9pp | 75.8%-48.2pp | 69.6%-42.1pp |
| Annual return | 28.87% | 22.30%+6.6pp | 46.48%-17.6pp | 31.71%-2.8pp |
| Employer contribution / active EE | $461 | $2,691-82.9% | $3,660-87.4% | $2,471-81.4% |
| Participant deferral / active EE | $2,165 | $3,282-34.0% | $4,371-50.5% | $3,741-42.1% |
| Admin fee / account holder | $3 | $4,401-99.9% | $5,948-99.9% | $5,306-99.9% |