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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 | $242,902 | $185,905+30.7% | $170,057+42.8% | $139,487+74.1% |
| Participation rate | 26.1% | 87.8%-61.7pp | 87.0%-60.9pp | 80.3%-54.2pp |
| Annual return | 18.01% | 60.56%-42.6pp | 53.42%-35.4pp | 373.84%-355.8pp |
| Employer contribution / active EE | $795 | $7,597-89.5% | $6,790-88.3% | $4,755-83.3% |
| Participant deferral / active EE | $4,174 | $11,627-64.1% | $10,411-59.9% | $6,713-37.8% |
| Admin fee / account holder | $0 | $15,397-100.0% | $12,826-100.0% | $11,407-100.0% |