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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 | $30,351 | $215,361-85.9% | $171,082-82.3% | $273,972-88.9% |
| Participation rate | 22.2% | 82.0%-59.8pp | 76.7%-54.5pp | 83.0%-60.8pp |
| Annual return | 10.21% | 25.14%-14.9pp | 32.56%-22.4pp | 41.46%-31.2pp |
| Employer contribution / active EE | $247 | $4,967-95.0% | $4,002-93.8% | $4,869-94.9% |
| Participant deferral / active EE | $2,103 | $5,543-62.1% | $4,797-56.2% | $5,287-60.2% |
| Admin fee / account holder | $0 | $10,846-100.0% | $8,520-100.0% | $10,133-100.0% |