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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 | $106,932 | $111,814-4.4% | $93,654+14.2% | $145,959-26.7% |
| Participation rate | 18.2% | 74.2%-56.0pp | 68.7%-50.5pp | 80.3%-62.1pp |
| Annual return | 14.93% | 203.30%-188.4pp | 133.34%-118.4pp | 561.95%-547.0pp |
| Employer contribution / active EE | $348 | $3,092-88.7% | $2,421-85.6% | $4,661-92.5% |
| Participant deferral / active EE | $3,868 | $4,914-21.3% | $4,413-12.4% | $6,689-42.2% |
| Admin fee / account holder | $20 | $10,246-99.8% | $8,282-99.8% | $13,398-99.9% |