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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 | $32,175 | $165,399-80.5% | $149,745-78.5% | $158,982-79.8% |
| Participation rate | 63.6% | 84.6%-20.9pp | 82.5%-18.8pp | 82.0%-18.3pp |
| Annual return | 22.71% | 348.34%-325.6pp | 276.72%-254.0pp | 302.99%-280.3pp |
| Employer contribution / active EE | $0 | $5,105-100.0% | $4,646-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $8,503 | $7,183+18.4% | $6,843+24.3% | $5,983+42.1% |
| Admin fee / account holder | $156 | $10,811-98.6% | $9,312-98.3% | $11,252-98.6% |