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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 | $22,305 | $183,627-87.9% | $155,602-85.7% | $145,978-84.7% |
| Participation rate | 46.2% | 82.7%-36.5pp | 78.2%-32.1pp | 80.3%-34.1pp |
| Annual return | 16.38% | 61.32%-44.9pp | 64.81%-48.4pp | 550.52%-534.1pp |
| Employer contribution / active EE | $793 | $5,316-85.1% | $4,675-83.0% | $4,662-83.0% |
| Participant deferral / active EE | $4,183 | $6,466-35.3% | $5,629-25.7% | $6,690-37.5% |
| Admin fee / account holder | $173 | $19,327-99.1% | $15,923-98.9% | $13,400-98.7% |