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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 | $60,499 | $96,956-37.6% | $69,779-13.3% | $273,972-77.9% |
| Participation rate | 40.0% | 77.1%-37.1pp | 71.8%-31.8pp | 83.0%-43.0pp |
| Annual return | 8.90% | 12.93%-4.0pp | 12.99%-4.1pp | 41.46%-32.6pp |
| Employer contribution / active EE | $0 | $3,316-100.0% | $2,338-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $4,332 | $3,744+15.7% | $2,931+47.8% | $5,287-18.1% |
| Admin fee / account holder | $0 | $7,934-100.0% | $4,381-100.0% | $10,133-100.0% |