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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 | $119,493 | $227,291-47.4% | $214,702-44.3% | $155,188-23.0% |
| Participation rate | 56.3% | 88.0%-31.7pp | 87.5%-31.2pp | 80.8%-24.6pp |
| Annual return | 10.45% | 60.08%-49.6pp | 54.55%-44.1pp | 148.84%-138.4pp |
| Employer contribution / active EE | $0 | $6,772-100.0% | $6,461-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $10,276 | $9,582+7.2% | $9,147+12.3% | $6,531+57.3% |
| Admin fee / account holder | $4 | $20,413-100.0% | $19,830-100.0% | $14,480-100.0% |