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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 | $125,392 | $178,174-29.6% | $156,181-19.7% | $137,256-8.6% |
| Participation rate | 55.6% | 82.0%-26.5pp | 78.8%-23.3pp | 80.0%-24.4pp |
| Annual return | 15.59% | 84.19%-68.6pp | 64.87%-49.3pp | 220.34%-204.7pp |
| Employer contribution / active EE | $935 | $4,972-81.2% | $4,294-78.2% | $4,156-77.5% |
| Participant deferral / active EE | $3,071 | $6,888-55.4% | $6,132-49.9% | $6,407-52.1% |
| Admin fee / account holder | $299 | $17,404-98.3% | $14,586-98.0% | $12,270-97.6% |