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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 | $26,671 | $162,136-83.6% | $152,301-82.5% | $154,746-82.8% |
| Participation rate | 40.0% | 84.1%-44.1pp | 82.4%-42.4pp | 80.7%-40.7pp |
| Annual return | 23.95% | 91.02%-67.1pp | 80.50%-56.5pp | 172.34%-148.4pp |
| Employer contribution / active EE | $798 | $4,890-83.7% | $4,624-82.7% | $4,379-81.8% |
| Participant deferral / active EE | $3,052 | $8,341-63.4% | $8,004-61.9% | $6,730-54.6% |
| Admin fee / account holder | $88 | $15,759-99.4% | $14,398-99.4% | $14,365-99.4% |