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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 | $29,730 | $185,312-84.0% | $161,489-81.6% | $154,746-80.8% |
| Participation rate | 54.2% | 82.5%-28.3pp | 78.7%-24.5pp | 80.7%-26.5pp |
| Annual return | 20.19% | 103.84%-83.6pp | 89.72%-69.5pp | 172.34%-152.1pp |
| Employer contribution / active EE | $840 | $4,769-82.4% | $4,268-80.3% | $4,379-80.8% |
| Participant deferral / active EE | $2,402 | $6,350-62.2% | $5,630-57.3% | $6,730-64.3% |
| Admin fee / account holder | $215 | $18,654-98.8% | $16,006-98.7% | $14,365-98.5% |