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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 | $28,922 | $81,276-64.4% | $155,574-81.4% | $80,925-64.3% |
| Participation rate | 28.9% | 66.2%-37.4pp | 78.2%-49.3pp | 67.7%-38.8pp |
| Annual return | 454.04% | 33.36%+420.7pp | 64.87%+389.2pp | 35.65%+418.4pp |
| Employer contribution / active EE | $159 | $3,103-94.9% | $4,676-96.6% | $2,756-94.2% |
| Participant deferral / active EE | $3,243 | $3,453-6.1% | $5,629-42.4% | $4,299-24.5% |
| Admin fee / account holder | $204 | $7,993-97.4% | $15,914-98.7% | $6,940-97.1% |