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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 | $68,386 | $165,381-58.6% | $149,730-54.3% | $158,966-57.0% |
| Participation rate | 33.3% | 84.6%-51.2pp | 82.5%-49.1pp | 82.0%-48.6pp |
| Annual return | 21.81% | 348.29%-326.5pp | 276.70%-254.9pp | 302.95%-281.1pp |
| Employer contribution / active EE | $309 | $5,104-93.9% | $4,645-93.3% | $4,762-93.5% |
| Participant deferral / active EE | $8,333 | $7,182+16.0% | $6,843+21.8% | $5,983+39.3% |
| Admin fee / account holder | $292 | $10,809-97.3% | $9,310-96.9% | $11,250-97.4% |