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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 | $127,288 | $176,120-27.7% | $159,487-20.2% | $167,553-24.0% |
| Participation rate | 58.8% | 85.0%-26.1pp | 82.8%-24.0pp | 82.1%-23.3pp |
| Annual return | 11.93% | 331.95%-320.0pp | 263.71%-251.8pp | 478.89%-467.0pp |
| Employer contribution / active EE | $0 | $5,299-100.0% | $4,831-100.0% | $4,840-100.0% |
| Participant deferral / active EE | $8,669 | $7,752+11.8% | $7,354+17.9% | $6,343+36.7% |
| Admin fee / account holder | $80 | $12,561-99.4% | $10,804-99.3% | $12,316-99.3% |