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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 | $116,097 | $185,883-37.5% | $170,043-31.7% | $139,466-16.8% |
| Participation rate | 50.0% | 87.8%-37.8pp | 87.0%-37.0pp | 80.3%-30.3pp |
| Annual return | 21.11% | 60.54%-39.4pp | 53.40%-32.3pp | 373.66%-352.6pp |
| Employer contribution / active EE | $341 | $7,596-95.5% | $6,790-95.0% | $4,754-92.8% |
| Participant deferral / active EE | $10,374 | $11,626-10.8% | $10,410-0.4% | $6,712+54.6% |
| Admin fee / account holder | $150 | $15,393-99.0% | $12,824-98.8% | $11,409-98.7% |