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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 | $62,111 | $166,268-62.6% | $165,100-62.4% | $145,897-57.4% |
| Participation rate | 52.4% | 82.0%-29.6pp | 78.6%-26.2pp | 80.3%-27.9pp |
| Annual return | 17.86% | 100.52%-82.7pp | 70.21%-52.3pp | 552.29%-534.4pp |
| Employer contribution / active EE | $1,048 | $5,284-80.2% | $4,348-75.9% | $4,663-77.5% |
| Participant deferral / active EE | $3,208 | $6,964-53.9% | $6,035-46.9% | $6,689-52.0% |
| Admin fee / account holder | $140 | $16,659-99.2% | $12,696-98.9% | $13,390-99.0% |