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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 | $64,325 | $91,559-29.7% | $133,959-52.0% | $79,858-19.5% |
| Participation rate | 53.6% | 73.3%-19.8pp | 79.8%-26.3pp | 69.6%-16.1pp |
| Annual return | 11.33% | 61.85%-50.5pp | 45.09%-33.8pp | 31.72%-20.4pp |
| Employer contribution / active EE | $448 | $2,384-81.2% | $3,919-88.6% | $2,471-81.9% |
| Participant deferral / active EE | $2,598 | $3,734-30.4% | $5,047-48.5% | $3,740-30.5% |
| Admin fee / account holder | $65 | $6,321-99.0% | $8,928-99.3% | $5,306-98.8% |