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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 | $31,100 | $141,004-77.9% | $112,273-72.3% | $139,466-77.7% |
| Participation rate | 23.8% | 79.2%-55.4pp | 72.4%-48.6pp | 80.3%-56.5pp |
| Annual return | 30.05% | 32.75%-2.7pp | 30.23%-0.2pp | 373.66%-343.6pp |
| Employer contribution / active EE | $523 | $4,285-87.8% | $3,431-84.7% | $4,754-89.0% |
| Participant deferral / active EE | $3,222 | $5,878-45.2% | $4,800-32.9% | $6,712-52.0% |
| Admin fee / account holder | $89 | $9,959-99.1% | $7,752-98.9% | $11,409-99.2% |