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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 | $36,815 | $64,462-42.9% | $81,482-54.8% | $80,911-54.5% |
| Participation rate | 6.9% | 63.9%-57.0pp | 69.5%-62.6pp | 67.6%-60.8pp |
| Annual return | 29.20% | 16.35%+12.8pp | 24.79%+4.4pp | 35.63%-6.4pp |
| Employer contribution / active EE | $0 | $1,979-100.0% | $2,463-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,049 | $3,094-66.1% | $3,885-73.0% | $4,297-75.6% |
| Admin fee / account holder | $242 | $5,678-95.7% | $5,761-95.8% | $6,935-96.5% |