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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 | $50,084 | $213,785-76.6% | $185,441-73.0% | $155,188-67.7% |
| Participation rate | 60.0% | 83.2%-23.2pp | 80.3%-20.3pp | 80.8%-20.8pp |
| Annual return | 23.20% | 19.97%+3.2pp | 20.16%+3.0pp | 148.84%-125.6pp |
| Employer contribution / active EE | $913 | $5,393-83.1% | $4,672-80.5% | $4,248-78.5% |
| Participant deferral / active EE | $7,546 | $6,864+9.9% | $6,152+22.7% | $6,531+15.5% |
| Admin fee / account holder | $8 | $21,134-100.0% | $17,890-100.0% | $14,480-99.9% |