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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 | $17,565 | $114,119-84.6% | $107,187-83.6% | $138,895-87.4% |
| Participation rate | 58.3% | 78.1%-19.7pp | 75.0%-16.7pp | 79.9%-21.6pp |
| Annual return | 13.36% | 273.21%-259.8pp | 204.55%-191.2pp | 145.39%-132.0pp |
| Employer contribution / active EE | $465 | $4,059-88.5% | $3,782-87.7% | $4,194-88.9% |
| Participant deferral / active EE | $1,513 | $5,538-72.7% | $5,096-70.3% | $6,396-76.4% |
| Admin fee / account holder | $219 | $10,024-97.8% | $9,162-97.6% | $12,562-98.3% |