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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 | $29,830 | $148,629-79.9% | $135,982-78.1% | $139,487-78.6% |
| Participation rate | 66.7% | 83.9%-17.2pp | 81.9%-15.3pp | 80.3%-13.7pp |
| Annual return | 22.64% | 79.33%-56.7pp | 68.32%-45.7pp | 373.84%-351.2pp |
| Employer contribution / active EE | $699 | $5,247-86.7% | $4,859-85.6% | $4,755-85.3% |
| Participant deferral / active EE | $8,062 | $8,102-0.5% | $7,760+3.9% | $6,713+20.1% |
| Admin fee / account holder | $142 | $12,406-98.9% | $10,767-98.7% | $11,407-98.8% |