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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 | $62,514 | $183,592-65.9% | $155,574-59.8% | $145,877-57.1% |
| Participation rate | 11.1% | 82.7%-71.6pp | 78.2%-67.1pp | 80.3%-69.2pp |
| Annual return | 15.07% | 61.37%-46.3pp | 64.87%-49.8pp | 551.28%-536.2pp |
| Employer contribution / active EE | $508 | $5,317-90.4% | $4,676-89.1% | $4,663-89.1% |
| Participant deferral / active EE | $3,389 | $6,466-47.6% | $5,629-39.8% | $6,691-49.3% |
| Admin fee / account holder | $197 | $19,316-99.0% | $15,914-98.8% | $13,402-98.5% |