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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 | $103,508 | $183,516-43.6% | $155,534-33.5% | $145,884-29.0% |
| Participation rate | 33.3% | 82.7%-49.4pp | 78.2%-44.9pp | 80.3%-47.0pp |
| Annual return | 11.16% | 61.43%-50.3pp | 64.92%-53.8pp | 551.85%-540.7pp |
| Employer contribution / active EE | $490 | $5,315-90.8% | $4,675-89.5% | $4,662-89.5% |
| Participant deferral / active EE | $2,861 | $6,467-55.8% | $5,630-49.2% | $6,690-57.2% |
| Admin fee / account holder | $206 | $19,293-98.9% | $15,900-98.7% | $13,392-98.5% |