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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 | $27,445 | $149,679-81.7% | $117,039-76.6% | $147,586-81.4% |
| Participation rate | 44.4% | 83.5%-39.0pp | 77.2%-32.7pp | 82.8%-38.4pp |
| Annual return | 20.72% | 19.31%+1.4pp | 18.95%+1.8pp | 578.59%-557.9pp |
| Employer contribution / active EE | $558 | $4,937-88.7% | $3,785-85.3% | $4,876-88.6% |
| Participant deferral / active EE | $4,297 | $4,912-12.5% | $3,929+9.3% | $5,439-21.0% |
| Admin fee / account holder | $0 | $7,856-100.0% | $5,974-100.0% | $10,886-100.0% |