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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 | $166,131-74.1% | $164,975-73.9% | $145,877-70.5% |
| Participation rate | 37.5% | 82.0%-44.5pp | 78.6%-41.1pp | 80.3%-42.8pp |
| Annual return | 10.90% | 100.37%-89.5pp | 70.12%-59.2pp | 551.28%-540.4pp |
| Employer contribution / active EE | $980 | $5,276-81.4% | $4,343-77.4% | $4,663-79.0% |
| Participant deferral / active EE | $2,234 | $6,962-67.9% | $6,033-63.0% | $6,691-66.6% |
| Admin fee / account holder | $40 | $16,648-99.8% | $12,688-99.7% | $13,402-99.7% |