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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 | $63,276 | $159,978-60.4% | $147,041-57.0% | $145,978-56.7% |
| Participation rate | 66.7% | 84.0%-17.3pp | 82.2%-15.5pp | 80.3%-13.6pp |
| Annual return | 20.67% | 98.36%-77.7pp | 419.21%-398.5pp | 550.52%-529.8pp |
| Employer contribution / active EE | $0 | $5,288-100.0% | $4,935-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $2,742 | $8,429-67.5% | $8,071-66.0% | $6,690-59.0% |
| Admin fee / account holder | $2 | $15,053-100.0% | $13,006-100.0% | $13,400-100.0% |