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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 | $42,983 | $166,242-74.1% | $165,071-74.0% | $145,884-70.5% |
| Participation rate | 37.5% | 82.0%-44.5pp | 78.6%-41.1pp | 80.3%-42.8pp |
| Annual return | 10.90% | 100.44%-89.5pp | 70.17%-59.3pp | 551.85%-540.9pp |
| Employer contribution / active EE | $980 | $5,283-81.5% | $4,347-77.5% | $4,662-79.0% |
| Participant deferral / active EE | $2,234 | $6,964-67.9% | $6,035-63.0% | $6,690-66.6% |
| Admin fee / account holder | $40 | $16,658-99.8% | $12,695-99.7% | $13,392-99.7% |