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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 | $57,947 | $160,040-63.8% | $147,096-60.6% | $145,877-60.3% |
| Participation rate | 57.1% | 84.0%-26.9pp | 82.2%-25.0pp | 80.3%-23.2pp |
| Annual return | 11.29% | 98.49%-87.2pp | 419.75%-408.5pp | 551.28%-540.0pp |
| Employer contribution / active EE | $1,004 | $5,289-81.0% | $4,936-79.7% | $4,663-78.5% |
| Participant deferral / active EE | $4,789 | $8,429-43.2% | $8,071-40.7% | $6,691-28.4% |
| Admin fee / account holder | $141 | $15,050-99.1% | $13,005-98.9% | $13,402-98.9% |