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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 | $49,546 | $114,119-56.6% | $107,187-53.8% | $138,895-64.3% |
| Participation rate | 40.0% | 78.1%-38.1pp | 75.0%-35.0pp | 79.9%-39.9pp |
| Annual return | 16.44% | 273.21%-256.8pp | 204.55%-188.1pp | 145.39%-129.0pp |
| Employer contribution / active EE | $203 | $4,059-95.0% | $3,782-94.6% | $4,194-95.2% |
| Participant deferral / active EE | $9,400 | $5,538+69.7% | $5,096+84.5% | $6,396+47.0% |
| Admin fee / account holder | $252 | $10,024-97.5% | $9,162-97.2% | $12,562-98.0% |