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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 | $63,809-42.3% | $81,353-54.7% | $80,935-54.5% |
| Participation rate | 6.9% | 63.9%-57.0pp | 69.5%-62.6pp | 67.7%-60.8pp |
| Annual return | 29.20% | 16.37%+12.8pp | 24.82%+4.4pp | 35.66%-6.5pp |
| Employer contribution / active EE | $0 | $1,981-100.0% | $2,464-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,049 | $3,093-66.1% | $3,885-73.0% | $4,299-75.6% |
| Admin fee / account holder | $242 | $5,686-95.7% | $5,766-95.8% | $6,924-96.5% |