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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 | $166,131-68.4% | $164,975-68.2% | $145,877-64.1% |
| Participation rate | 52.4% | 82.0%-29.6pp | 78.6%-26.2pp | 80.3%-27.9pp |
| Annual return | 23.27% | 100.37%-77.1pp | 70.12%-46.8pp | 551.28%-528.0pp |
| Employer contribution / active EE | $848 | $5,276-83.9% | $4,343-80.5% | $4,663-81.8% |
| Participant deferral / active EE | $4,191 | $6,962-39.8% | $6,033-30.5% | $6,691-37.4% |
| Admin fee / account holder | $145 | $16,648-99.1% | $12,688-98.9% | $13,402-98.9% |