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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 | $59,240 | $202,440-70.7% | $169,390-65.0% | $139,466-57.5% |
| Participation rate | 42.9% | 81.1%-38.3pp | 77.2%-34.3pp | 80.3%-37.5pp |
| Annual return | 19.09% | 532.36%-513.3pp | 406.07%-387.0pp | 373.66%-354.6pp |
| Employer contribution / active EE | $536 | $4,693-88.6% | $4,013-86.6% | $4,754-88.7% |
| Participant deferral / active EE | $6,195 | $6,940-10.7% | $6,222-0.4% | $6,712-7.7% |
| Admin fee / account holder | $0 | $10,722-100.0% | $9,015-100.0% | $11,409-100.0% |