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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 | $43,403 | $201,372-78.4% | $184,260-76.4% | $145,884-70.2% |
| Participation rate | 66.7% | 87.5%-20.8pp | 86.8%-20.2pp | 80.3%-13.6pp |
| Annual return | 17.11% | 29.04%-11.9pp | 28.84%-11.7pp | 551.85%-534.7pp |
| Employer contribution / active EE | $1,224 | $7,024-82.6% | $6,427-81.0% | $4,662-73.8% |
| Participant deferral / active EE | $4,808 | $9,808-51.0% | $9,133-47.4% | $6,690-28.1% |
| Admin fee / account holder | $0 | $16,362-100.0% | $13,898-100.0% | $13,392-100.0% |