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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 | $111,535-55.6% | $105,223-52.9% | $137,256-63.9% |
| Participation rate | 40.0% | 78.1%-38.1pp | 75.0%-35.0pp | 80.0%-40.0pp |
| Annual return | 16.44% | 237.85%-221.4pp | 180.65%-164.2pp | 220.34%-203.9pp |
| Employer contribution / active EE | $203 | $3,939-94.8% | $3,689-94.5% | $4,156-95.1% |
| Participant deferral / active EE | $9,400 | $5,500+70.9% | $5,072+85.3% | $6,407+46.7% |
| Admin fee / account holder | $252 | $9,721-97.4% | $8,859-97.2% | $12,270-97.9% |