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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 | $61,120 | $165,399-63.0% | $149,745-59.2% | $158,982-61.6% |
| Participation rate | 58.8% | 84.6%-25.8pp | 82.5%-23.7pp | 82.0%-23.1pp |
| Annual return | 12.54% | 348.34%-335.8pp | 276.72%-264.2pp | 302.99%-290.5pp |
| Employer contribution / active EE | $658 | $5,105-87.1% | $4,646-85.8% | $4,763-86.2% |
| Participant deferral / active EE | $3,506 | $7,183-51.2% | $6,843-48.8% | $5,983-41.4% |
| Admin fee / account holder | $105 | $10,811-99.0% | $9,312-98.9% | $11,252-99.1% |