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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 | $24,893 | $160,040-84.4% | $147,096-83.1% | $145,877-82.9% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.2%-32.2pp | 80.3%-30.3pp |
| Annual return | 20.15% | 98.49%-78.3pp | 419.75%-399.6pp | 551.28%-531.1pp |
| Employer contribution / active EE | $515 | $5,289-90.3% | $4,936-89.6% | $4,663-88.9% |
| Participant deferral / active EE | $3,011 | $8,429-64.3% | $8,071-62.7% | $6,691-55.0% |
| Admin fee / account holder | $133 | $15,050-99.1% | $13,005-99.0% | $13,402-99.0% |