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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 | $53,626 | $196,972-72.8% | $182,262-70.6% | $198,609-73.0% |
| Participation rate | 57.1% | 85.7%-28.6pp | 84.2%-27.1pp | 82.4%-25.2pp |
| Annual return | 12.90% | 158.27%-145.4pp | 140.60%-127.7pp | 202.70%-189.8pp |
| Employer contribution / active EE | $0 | $5,364-100.0% | $5,046-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $6,799 | $8,643-21.3% | $8,276-17.9% | $6,977-2.6% |
| Admin fee / account holder | $70 | $18,429-99.6% | $16,712-99.6% | $19,030-99.6% |