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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 | $124,168 | $107,363+15.7% | $92,909+33.6% | $152,897-18.8% |
| Participation rate | 47.1% | 79.8%-32.7pp | 76.0%-28.9pp | 82.5%-35.4pp |
| Annual return | 18.40% | 145.63%-127.2pp | 109.44%-91.0pp | 345.43%-327.0pp |
| Employer contribution / active EE | $311 | $4,222-92.6% | $3,653-91.5% | $4,764-93.5% |
| Participant deferral / active EE | $1,965 | $4,848-59.5% | $4,238-53.6% | $5,851-66.4% |
| Admin fee / account holder | $33 | $7,082-99.5% | $5,795-99.4% | $11,599-99.7% |