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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 | $17,710 | $111,535-84.1% | $105,223-83.2% | $137,256-87.1% |
| Participation rate | 58.3% | 78.1%-19.8pp | 75.0%-16.7pp | 80.0%-21.6pp |
| Annual return | 14.72% | 237.85%-223.1pp | 180.65%-165.9pp | 220.34%-205.6pp |
| Employer contribution / active EE | $518 | $3,939-86.9% | $3,689-86.0% | $4,156-87.5% |
| Participant deferral / active EE | $1,672 | $5,500-69.6% | $5,072-67.0% | $6,407-73.9% |
| Admin fee / account holder | $180 | $9,721-98.2% | $8,859-98.0% | $12,270-98.5% |