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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 | $87,914 | $140,592-37.5% | $123,105-28.6% | $125,389-29.9% |
| Participation rate | 62.5% | 88.2%-25.7pp | 86.8%-24.3pp | 83.2%-20.7pp |
| Annual return | 2.44% | 16.80%-14.4pp | 13.22%-10.8pp | 282.24%-279.8pp |
| Employer contribution / active EE | $219 | $6,041-96.4% | $5,151-95.8% | $4,866-95.5% |
| Participant deferral / active EE | $9,531 | $6,980+36.5% | $6,229+53.0% | $5,352+78.1% |
| Admin fee / account holder | $102 | $11,198-99.1% | $9,014-98.9% | $9,541-98.9% |