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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 | $28,094 | $110,410-74.6% | $102,437-72.6% | $145,897-80.7% |
| Participation rate | 57.1% | 77.9%-20.8pp | 74.5%-17.4pp | 80.3%-23.2pp |
| Annual return | 23.74% | 24.85%-1.1pp | 24.95%-1.2pp | 552.29%-528.5pp |
| Employer contribution / active EE | $493 | $4,217-88.3% | $3,871-87.3% | $4,663-89.4% |
| Participant deferral / active EE | $3,565 | $5,622-36.6% | $5,060-29.6% | $6,689-46.7% |
| Admin fee / account holder | $299 | $9,745-96.9% | $8,388-96.4% | $13,390-97.8% |