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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 | $32,562 | $155,555-79.1% | $146,866-77.8% | $155,188-79.0% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.5%-32.5pp | 80.8%-30.8pp |
| Annual return | 20.39% | 115.41%-95.0pp | 102.85%-82.5pp | 148.84%-128.5pp |
| Employer contribution / active EE | $653 | $4,647-86.0% | $4,425-85.3% | $4,248-84.6% |
| Participant deferral / active EE | $3,263 | $8,044-59.4% | $7,759-58.0% | $6,531-50.0% |
| Admin fee / account holder | $212 | $14,755-98.6% | $13,620-98.4% | $14,480-98.5% |