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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 | $110,982 | $86,298+28.6% | $111,308-0.3% | $85,847+29.3% |
| Participation rate | 18.8% | 73.3%-54.6pp | 77.3%-58.6pp | 69.3%-50.6pp |
| Annual return | 16.33% | 19.99%-3.7pp | 54.67%-38.3pp | 318.61%-302.3pp |
| Employer contribution / active EE | $435 | $2,044-78.7% | $2,732-84.1% | $2,565-83.1% |
| Participant deferral / active EE | $2,041 | $3,641-44.0% | $4,487-54.5% | $3,952-48.4% |
| Admin fee / account holder | $11 | $8,189-99.9% | $7,965-99.9% | $6,261-99.8% |