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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 | $53,968 | $58,828-8.3% | $78,002-30.8% | $62,881-14.2% |
| Participation rate | 46.4% | 71.1%-24.6pp | 75.5%-29.1pp | 69.3%-22.9pp |
| Annual return | 5.70% | 17.16%-11.5pp | 425.99%-420.3pp | 20.14%-14.4pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,486 | $2,686-44.7% | $3,497-57.5% | $3,203-53.6% |
| Admin fee / account holder | $290 | $4,393-93.4% | $5,481-94.7% | $4,296-93.3% |