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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 | $79,990 | $148,582-46.2% | $135,942-41.2% | $139,456-42.6% |
| Participation rate | 30.0% | 83.9%-53.9pp | 81.9%-51.9pp | 80.3%-50.3pp |
| Annual return | 13.05% | 79.26%-66.2pp | 68.28%-55.2pp | 373.45%-360.4pp |
| Employer contribution / active EE | $718 | $5,245-86.3% | $4,858-85.2% | $4,753-84.9% |
| Participant deferral / active EE | $5,748 | $8,101-29.0% | $7,759-25.9% | $6,711-14.4% |
| Admin fee / account holder | $195 | $12,402-98.4% | $10,764-98.2% | $11,407-98.3% |