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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 | $44,867 | $196,972-77.2% | $182,262-75.4% | $198,609-77.4% |
| Participation rate | 42.9% | 85.7%-42.8pp | 84.2%-41.4pp | 82.4%-39.5pp |
| Annual return | 29.49% | 158.27%-128.8pp | 140.60%-111.1pp | 202.70%-173.2pp |
| Employer contribution / active EE | $0 | $5,364-100.0% | $5,046-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $10,071 | $8,643+16.5% | $8,276+21.7% | $6,977+44.4% |
| Admin fee / account holder | $291 | $18,429-98.4% | $16,712-98.3% | $19,030-98.5% |