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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 | $81,102 | $72,273+12.2% | $101,275-19.9% | $79,856+1.6% |
| Participation rate | 50.0% | 68.5%-18.5pp | 75.8%-25.8pp | 69.6%-19.6pp |
| Annual return | 12.45% | 22.30%-9.8pp | 46.48%-34.0pp | 31.71%-19.3pp |
| Employer contribution / active EE | $0 | $2,691-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,302 | $3,282-29.8% | $4,371-47.3% | $3,741-38.5% |
| Admin fee / account holder | $240 | $4,401-94.5% | $5,948-96.0% | $5,306-95.5% |