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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 | $97,198 | $162,136-40.1% | $152,301-36.2% | $154,746-37.2% |
| Participation rate | 28.6% | 84.1%-55.5pp | 82.4%-53.9pp | 80.7%-52.1pp |
| Annual return | 19.64% | 91.02%-71.4pp | 80.50%-60.9pp | 172.34%-152.7pp |
| Employer contribution / active EE | $757 | $4,890-84.5% | $4,624-83.6% | $4,379-82.7% |
| Participant deferral / active EE | $4,914 | $8,341-41.1% | $8,004-38.6% | $6,730-27.0% |
| Admin fee / account holder | $206 | $15,759-98.7% | $14,398-98.6% | $14,365-98.6% |