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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 | $60,983 | $125,237-51.3% | $105,608-42.3% | $145,877-58.2% |
| Participation rate | 35.7% | 77.7%-41.9pp | 75.3%-39.6pp | 80.3%-44.6pp |
| Annual return | 10.29% | 225.76%-215.5pp | 116.50%-106.2pp | 551.28%-541.0pp |
| Employer contribution / active EE | $258 | $3,720-93.1% | $3,167-91.9% | $4,663-94.5% |
| Participant deferral / active EE | $2,422 | $5,711-57.6% | $5,010-51.7% | $6,691-63.8% |
| Admin fee / account holder | $68 | $17,287-99.6% | $11,028-99.4% | $13,402-99.5% |