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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 | $68,072 | $115,814-41.2% | $101,275-32.8% | $158,982-57.2% |
| Participation rate | 56.3% | 79.4%-23.1pp | 75.8%-19.6pp | 82.0%-25.7pp |
| Annual return | 17.06% | 56.16%-39.1pp | 46.48%-29.4pp | 302.99%-285.9pp |
| Employer contribution / active EE | $593 | $4,176-85.8% | $3,660-83.8% | $4,763-87.5% |
| Participant deferral / active EE | $2,191 | $4,958-55.8% | $4,371-49.9% | $5,983-63.4% |
| Admin fee / account holder | $180 | $7,249-97.5% | $5,948-97.0% | $11,252-98.4% |