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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 | $43,196 | $183,592-76.5% | $155,574-72.2% | $145,877-70.4% |
| Participation rate | 23.1% | 82.7%-59.6pp | 78.2%-55.1pp | 80.3%-57.2pp |
| Annual return | 16.38% | 61.37%-45.0pp | 64.87%-48.5pp | 551.28%-534.9pp |
| Employer contribution / active EE | $388 | $5,317-92.7% | $4,676-91.7% | $4,663-91.7% |
| Participant deferral / active EE | $3,508 | $6,466-45.8% | $5,629-37.7% | $6,691-47.6% |
| Admin fee / account holder | $132 | $19,316-99.3% | $15,914-99.2% | $13,402-99.0% |