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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 | $30,121 | $96,236-68.7% | $133,698-77.5% | $80,959-62.8% |
| Participation rate | 40.0% | 71.2%-31.2pp | 76.4%-36.4pp | 67.7%-27.7pp |
| Annual return | 11.65% | 28.74%-17.1pp | 580.90%-569.2pp | 35.67%-24.0pp |
| Employer contribution / active EE | $616 | $3,350-81.6% | $4,218-85.4% | $2,757-77.7% |
| Participant deferral / active EE | $1,900 | $5,709-66.7% | $7,016-72.9% | $4,300-55.8% |
| Admin fee / account holder | $259 | $8,250-96.9% | $6,703-96.1% | $6,925-96.3% |