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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 | $33,069 | $157,296-79.0% | $141,191-76.6% | $152,897-78.4% |
| Participation rate | 44.4% | 84.8%-40.4pp | 82.5%-38.0pp | 82.5%-38.0pp |
| Annual return | 34.92% | 64.34%-29.4pp | 71.41%-36.5pp | 345.43%-310.5pp |
| Employer contribution / active EE | $772 | $5,262-85.3% | $4,736-83.7% | $4,764-83.8% |
| Participant deferral / active EE | $6,807 | $7,111-4.3% | $6,710+1.4% | $5,851+16.3% |
| Admin fee / account holder | $202 | $12,125-98.3% | $10,264-98.0% | $11,599-98.3% |