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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 | $119,217 | $107,368+11.0% | $92,915+28.3% | $152,909-22.0% |
| Participation rate | 63.6% | 79.8%-16.2pp | 76.0%-12.4pp | 82.5%-18.8pp |
| Annual return | 27.58% | 145.64%-118.1pp | 109.45%-81.9pp | 345.46%-317.9pp |
| Employer contribution / active EE | $636 | $4,222-84.9% | $3,653-82.6% | $4,764-86.6% |
| Participant deferral / active EE | $2,917 | $4,848-39.8% | $4,238-31.2% | $5,851-50.2% |
| Admin fee / account holder | $8 | $7,082-99.9% | $5,796-99.9% | $11,601-99.9% |