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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 | $46,886 | $59,440-21.1% | $78,004-39.9% | $82,637-43.3% |
| Participation rate | 25.9% | 62.8%-37.0pp | 69.4%-43.6pp | 68.1%-42.2pp |
| Annual return | 22.89% | 40.24%-17.3pp | 31.07%-8.2pp | 53.51%-30.6pp |
| Employer contribution / active EE | $293 | $1,750-83.3% | $2,469-88.1% | $2,552-88.5% |
| Participant deferral / active EE | $1,744 | $3,138-44.4% | $4,092-57.4% | $4,126-57.7% |
| Admin fee / account holder | $9 | $5,504-99.8% | $7,578-99.9% | $7,339-99.9% |