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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 | $129,571 | $181,896-28.8% | $156,551-17.2% | $273,972-52.7% |
| Participation rate | 27.3% | 88.4%-61.1pp | 84.0%-56.7pp | 83.0%-55.7pp |
| Annual return | 8.69% | 30.74%-22.1pp | 32.23%-23.5pp | 41.46%-32.8pp |
| Employer contribution / active EE | $1,236 | $6,248-80.2% | $5,501-77.5% | $4,869-74.6% |
| Participant deferral / active EE | $3,656 | $5,550-34.1% | $4,871-25.0% | $5,287-30.9% |
| Admin fee / account holder | $0 | $15,560-100.0% | $13,028-100.0% | $10,133-100.0% |