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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 | $63,230 | $155,555-59.4% | $146,866-56.9% | $155,188-59.3% |
| Participation rate | 66.7% | 84.0%-17.3pp | 82.5%-15.8pp | 80.8%-14.1pp |
| Annual return | 12.10% | 115.41%-103.3pp | 102.85%-90.8pp | 148.84%-136.7pp |
| Employer contribution / active EE | $500 | $4,647-89.2% | $4,425-88.7% | $4,248-88.2% |
| Participant deferral / active EE | $7,833 | $8,044-2.6% | $7,759+1.0% | $6,531+19.9% |
| Admin fee / account holder | $155 | $14,755-98.9% | $13,620-98.9% | $14,480-98.9% |