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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 | $14,245 | $75,541-81.1% | $152,093-90.6% | $82,637-82.8% |
| Participation rate | 26.3% | 66.5%-40.2pp | 77.8%-51.5pp | 68.1%-41.7pp |
| Annual return | 19.94% | 32.56%-12.6pp | 66.36%-46.4pp | 53.51%-33.6pp |
| Employer contribution / active EE | $231 | $2,622-91.2% | $4,175-94.5% | $2,552-91.0% |
| Participant deferral / active EE | $1,101 | $3,206-65.7% | $5,451-79.8% | $4,126-73.3% |
| Admin fee / account holder | $214 | $6,405-96.7% | $14,497-98.5% | $7,339-97.1% |