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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 | $103,437 | $100,073+3.4% | $85,126+21.5% | $145,877-29.1% |
| Participation rate | 36.8% | 74.1%-37.3pp | 67.5%-30.7pp | 80.3%-43.5pp |
| Annual return | 10.68% | 84.11%-73.4pp | 66.63%-55.9pp | 551.28%-540.6pp |
| Employer contribution / active EE | $263 | $3,236-91.9% | $2,731-90.4% | $4,663-94.4% |
| Participant deferral / active EE | $1,425 | $5,294-73.1% | $4,523-68.5% | $6,691-78.7% |
| Admin fee / account holder | $0 | $7,261-100.0% | $6,160-100.0% | $13,402-100.0% |