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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 | $27,014 | $110,379-75.5% | $102,412-73.6% | $145,884-81.5% |
| Participation rate | 57.1% | 77.9%-20.8pp | 74.5%-17.4pp | 80.3%-23.2pp |
| Annual return | 14.03% | 24.84%-10.8pp | 24.94%-10.9pp | 551.85%-537.8pp |
| Employer contribution / active EE | $212 | $4,216-95.0% | $3,870-94.5% | $4,662-95.4% |
| Participant deferral / active EE | $4,591 | $5,622-18.3% | $5,060-9.3% | $6,690-31.4% |
| Admin fee / account holder | $148 | $9,745-98.5% | $8,388-98.2% | $13,392-98.9% |