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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 | $75,460 | $185,905-59.4% | $170,057-55.6% | $139,487-45.9% |
| Participation rate | 57.1% | 87.8%-30.6pp | 87.0%-29.9pp | 80.3%-23.2pp |
| Annual return | 22.67% | 60.56%-37.9pp | 53.42%-30.7pp | 373.84%-351.2pp |
| Employer contribution / active EE | $179 | $7,597-97.6% | $6,790-97.4% | $4,755-96.2% |
| Participant deferral / active EE | $11,076 | $11,627-4.7% | $10,411+6.4% | $6,713+65.0% |
| Admin fee / account holder | $30 | $15,397-99.8% | $12,826-99.8% | $11,407-99.7% |