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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 | $32,142 | $112,729-71.5% | $98,716-67.4% | $137,256-76.6% |
| Participation rate | 33.3% | 74.2%-40.9pp | 69.3%-36.0pp | 80.0%-46.6pp |
| Annual return | 27.49% | 38.48%-11.0pp | 31.81%-4.3pp | 220.34%-192.8pp |
| Employer contribution / active EE | $0 | $2,725-100.0% | $2,279-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $4,357 | $4,640-6.1% | $4,048+7.6% | $6,407-32.0% |
| Admin fee / account holder | $225 | $10,129-97.8% | $8,703-97.4% | $12,270-98.2% |