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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 | $219,137 | $217,432+0.8% | $185,849+17.9% | $167,536+30.8% |
| Participation rate | 57.1% | 86.1%-28.9pp | 81.7%-24.6pp | 82.1%-25.0pp |
| Annual return | 21.09% | 148.42%-127.3pp | 122.10%-101.0pp | 478.82%-457.7pp |
| Employer contribution / active EE | $765 | $5,875-87.0% | $5,169-85.2% | $4,839-84.2% |
| Participant deferral / active EE | $9,531 | $6,357+49.9% | $5,569+71.2% | $6,342+50.3% |
| Admin fee / account holder | $0 | $19,818-100.0% | $16,244-100.0% | $12,315-100.0% |