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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 | $52,432 | $166,268-68.5% | $165,100-68.2% | $145,897-64.1% |
| Participation rate | 52.4% | 82.0%-29.6pp | 78.6%-26.2pp | 80.3%-27.9pp |
| Annual return | 23.27% | 100.52%-77.2pp | 70.21%-46.9pp | 552.29%-529.0pp |
| Employer contribution / active EE | $848 | $5,284-83.9% | $4,348-80.5% | $4,663-81.8% |
| Participant deferral / active EE | $4,191 | $6,964-39.8% | $6,035-30.6% | $6,689-37.3% |
| Admin fee / account holder | $145 | $16,659-99.1% | $12,696-98.9% | $13,390-98.9% |