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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 | $45,272 | $185,905-75.6% | $170,057-73.4% | $139,487-67.5% |
| Participation rate | 42.9% | 87.8%-44.9pp | 87.0%-44.1pp | 80.3%-37.5pp |
| Annual return | 17.15% | 60.56%-43.4pp | 53.42%-36.3pp | 373.84%-356.7pp |
| Employer contribution / active EE | $701 | $7,597-90.8% | $6,790-89.7% | $4,755-85.3% |
| Participant deferral / active EE | $9,381 | $11,627-19.3% | $10,411-9.9% | $6,713+39.8% |
| Admin fee / account holder | $0 | $15,397-100.0% | $12,826-100.0% | $11,407-100.0% |