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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 | $40,453 | $81,487-50.4% | $102,412-60.5% | $80,935-50.0% |
| Participation rate | 12.1% | 66.8%-54.7pp | 74.5%-62.4pp | 67.7%-55.5pp |
| Annual return | 15.05% | 25.60%-10.5pp | 24.94%-9.9pp | 35.66%-20.6pp |
| Employer contribution / active EE | $396 | $3,103-87.2% | $3,870-89.8% | $2,757-85.6% |
| Participant deferral / active EE | $1,902 | $3,871-50.9% | $5,060-62.4% | $4,299-55.8% |
| Admin fee / account holder | $186 | $6,717-97.2% | $8,388-97.8% | $6,924-97.3% |