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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 | $166,131-62.6% | $164,975-62.4% | $145,877-57.4% |
| Participation rate | 52.4% | 82.0%-29.6pp | 78.6%-26.2pp | 80.3%-27.9pp |
| Annual return | 17.86% | 100.37%-82.5pp | 70.12%-52.3pp | 551.28%-533.4pp |
| Employer contribution / active EE | $1,048 | $5,276-80.1% | $4,343-75.9% | $4,663-77.5% |
| Participant deferral / active EE | $3,208 | $6,962-53.9% | $6,033-46.8% | $6,691-52.1% |
| Admin fee / account holder | $140 | $16,648-99.2% | $12,688-98.9% | $13,402-99.0% |