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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 | $60,504 | $166,242-63.6% | $165,071-63.3% | $145,884-58.5% |
| Participation rate | 42.9% | 82.0%-39.2pp | 78.6%-35.8pp | 80.3%-37.4pp |
| Annual return | 9.37% | 100.44%-91.1pp | 70.17%-60.8pp | 551.85%-542.5pp |
| Employer contribution / active EE | $794 | $5,283-85.0% | $4,347-81.7% | $4,662-83.0% |
| Participant deferral / active EE | $3,058 | $6,964-56.1% | $6,035-49.3% | $6,690-54.3% |
| Admin fee / account holder | $265 | $16,658-98.4% | $12,695-97.9% | $13,392-98.0% |