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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 | $33,007 | $175,259-81.2% | $149,723-78.0% | $139,487-76.3% |
| Participation rate | 57.9% | 83.4%-25.5pp | 78.8%-20.9pp | 80.3%-22.4pp |
| Annual return | 14.27% | 166.82%-152.5pp | 134.50%-120.2pp | 373.84%-359.6pp |
| Employer contribution / active EE | $953 | $5,478-82.6% | $4,821-80.2% | $4,755-80.0% |
| Participant deferral / active EE | $3,173 | $6,522-51.3% | $5,682-44.2% | $6,713-52.7% |
| Admin fee / account holder | $183 | $16,158-98.9% | $13,215-98.6% | $11,407-98.4% |