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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 | $38,201 | $167,522-77.2% | $151,639-74.8% | $134,532-71.6% |
| Participation rate | 44.4% | 88.4%-43.9pp | 87.5%-43.0pp | 81.2%-36.8pp |
| Annual return | 70.79% | 7.81%+63.0pp | 3.34%+67.5pp | 418.27%-347.5pp |
| Employer contribution / active EE | $334 | $6,828-95.1% | $6,165-94.6% | $4,741-93.0% |
| Participant deferral / active EE | $7,389 | $8,986-17.8% | $8,363-11.6% | $6,401+15.4% |
| Admin fee / account holder | $89 | $13,780-99.4% | $11,613-99.2% | $11,429-99.2% |