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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 | $19,803 | $183,627-89.2% | $155,602-87.3% | $145,978-86.4% |
| Participation rate | 44.4% | 82.7%-38.2pp | 78.2%-33.8pp | 80.3%-35.8pp |
| Annual return | 12.56% | 61.32%-48.8pp | 64.81%-52.2pp | 550.52%-538.0pp |
| Employer contribution / active EE | $876 | $5,316-83.5% | $4,675-81.3% | $4,662-81.2% |
| Participant deferral / active EE | $3,825 | $6,466-40.8% | $5,629-32.0% | $6,690-42.8% |
| Admin fee / account holder | $94 | $19,327-99.5% | $15,923-99.4% | $13,400-99.3% |