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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 | $34,072 | $95,453-64.3% | $112,040-69.6% | $82,448-58.7% |
| Participation rate | 48.4% | 72.8%-24.4pp | 76.5%-28.1pp | 68.1%-19.7pp |
| Annual return | 14.90% | 23.92%-9.0pp | 24.52%-9.6pp | 41.64%-26.7pp |
| Employer contribution / active EE | $2 | $2,318-99.9% | $2,954-99.9% | $2,551-99.9% |
| Participant deferral / active EE | $3,143 | $4,224-25.6% | $5,098-38.3% | $4,139-24.1% |
| Admin fee / account holder | $19 | $9,013-99.8% | $12,098-99.8% | $7,234-99.7% |