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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 | $98,352 | $124,980-21.3% | $108,359-9.2% | $154,746-36.4% |
| Participation rate | 8.7% | 75.2%-66.5pp | 70.1%-61.4pp | 80.7%-72.0pp |
| Annual return | 19.50% | 45.00%-25.5pp | 36.89%-17.4pp | 172.34%-152.8pp |
| Employer contribution / active EE | $363 | $2,851-87.3% | $2,399-84.9% | $4,379-91.7% |
| Participant deferral / active EE | $1,412 | $4,743-70.2% | $4,137-65.9% | $6,730-79.0% |
| Admin fee / account holder | $20 | $11,502-99.8% | $9,741-99.8% | $14,365-99.9% |