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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 | $130,423 | $92,219+41.4% | $76,766+69.9% | $135,382-3.7% |
| Participation rate | 66.7% | 79.8%-13.1pp | 77.0%-10.3pp | 82.6%-16.0pp |
| Annual return | 9.32% | 5.46%+3.9pp | 2.43%+6.9pp | 519.77%-510.5pp |
| Employer contribution / active EE | $326 | $3,216-89.9% | $2,485-86.9% | $4,779-93.2% |
| Participant deferral / active EE | $2,662 | $4,508-40.9% | $3,851-30.9% | $5,609-52.5% |
| Admin fee / account holder | $107 | $10,749-99.0% | $6,675-98.4% | $10,829-99.0% |