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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 | $51,904 | $183,516-71.7% | $155,534-66.6% | $145,884-64.4% |
| Participation rate | 38.5% | 82.7%-44.2pp | 78.2%-39.8pp | 80.3%-41.8pp |
| Annual return | 9.78% | 61.43%-51.6pp | 64.92%-55.1pp | 551.85%-542.1pp |
| Employer contribution / active EE | $457 | $5,315-91.4% | $4,675-90.2% | $4,662-90.2% |
| Participant deferral / active EE | $3,062 | $6,467-52.6% | $5,630-45.6% | $6,690-54.2% |
| Admin fee / account holder | $263 | $19,293-98.6% | $15,900-98.3% | $13,392-98.0% |