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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 | $174,379-83.0% | $152,093-80.5% | $138,895-78.6% |
| Participation rate | 54.2% | 81.6%-27.5pp | 77.8%-23.6pp | 79.9%-25.8pp |
| Annual return | 20.19% | 74.86%-54.7pp | 66.36%-46.2pp | 145.39%-125.2pp |
| Employer contribution / active EE | $840 | $4,652-81.9% | $4,175-79.9% | $4,194-80.0% |
| Participant deferral / active EE | $2,402 | $6,159-61.0% | $5,451-55.9% | $6,396-62.4% |
| Admin fee / account holder | $215 | $16,880-98.7% | $14,497-98.5% | $12,562-98.3% |