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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 | $64,562 | $171,867-62.4% | $149,721-56.9% | $147,586-56.3% |
| Participation rate | 57.1% | 88.2%-31.0pp | 87.1%-29.9pp | 82.8%-25.7pp |
| Annual return | 484.34% | 2113.36%-1629.0pp | 1501.67%-1017.3pp | 578.59%-94.2pp |
| Employer contribution / active EE | $0 | $6,275-100.0% | $5,444-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $8,381 | $7,270+15.3% | $6,568+27.6% | $5,439+54.1% |
| Admin fee / account holder | $197 | $13,799-98.6% | $11,282-98.3% | $10,886-98.2% |