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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 | $40,353 | $111,814-63.9% | $103,374-61.0% | $145,959-72.4% |
| Participation rate | 66.7% | 77.9%-11.3pp | 74.5%-7.8pp | 80.3%-13.6pp |
| Annual return | 15.29% | 24.77%-9.5pp | 24.89%-9.6pp | 561.95%-546.7pp |
| Employer contribution / active EE | $667 | $4,214-84.2% | $3,869-82.8% | $4,661-85.7% |
| Participant deferral / active EE | $3,711 | $5,618-33.9% | $5,058-26.6% | $6,689-44.5% |
| Admin fee / account holder | $9 | $9,754-99.9% | $8,394-99.9% | $13,398-99.9% |