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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 | $42,205 | $114,119-63.0% | $107,187-60.6% | $138,895-69.6% |
| Participation rate | 29.2% | 78.1%-48.9pp | 75.0%-45.9pp | 79.9%-50.8pp |
| Annual return | 16.95% | 273.21%-256.3pp | 204.55%-187.6pp | 145.39%-128.4pp |
| Employer contribution / active EE | $841 | $4,059-79.3% | $3,782-77.8% | $4,194-80.0% |
| Participant deferral / active EE | $1,669 | $5,538-69.9% | $5,096-67.3% | $6,396-73.9% |
| Admin fee / account holder | $257 | $10,024-97.4% | $9,162-97.2% | $12,562-98.0% |