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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 | $51,485 | $102,609-49.8% | $98,090-47.5% | $138,895-62.9% |
| Participation rate | 50.0% | 82.8%-32.8pp | 81.5%-31.5pp | 79.9%-29.9pp |
| Annual return | 26.18% | 36.44%-10.3pp | 37.05%-10.9pp | 145.39%-119.2pp |
| Employer contribution / active EE | $0 | $3,867-100.0% | $3,606-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $9,126 | $8,167+11.7% | $7,845+16.3% | $6,396+42.7% |
| Admin fee / account holder | $100 | $11,434-99.1% | $11,815-99.2% | $12,562-99.2% |