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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 | $57,859 | $153,769-62.4% | $133,975-56.8% | $273,972-78.9% |
| Participation rate | 60.0% | 88.4%-28.4pp | 87.1%-27.1pp | 83.0%-23.0pp |
| Annual return | 4.49% | 36.51%-32.0pp | 29.29%-24.8pp | 41.46%-37.0pp |
| Employer contribution / active EE | $687 | $6,029-88.6% | $5,211-86.8% | $4,869-85.9% |
| Participant deferral / active EE | $2,747 | $6,958-60.5% | $6,282-56.3% | $5,287-48.0% |
| Admin fee / account holder | $8 | $11,765-99.9% | $9,324-99.9% | $10,133-99.9% |