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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 | $93,656 | $162,967-42.5% | $135,792-31.0% | $138,895-32.6% |
| Participation rate | 42.9% | 78.3%-35.5pp | 72.6%-29.7pp | 79.9%-37.1pp |
| Annual return | 15.53% | 30.08%-14.5pp | 25.96%-10.4pp | 145.39%-129.9pp |
| Employer contribution / active EE | $634 | $4,211-84.9% | $3,496-81.9% | $4,194-84.9% |
| Participant deferral / active EE | $2,664 | $5,640-52.8% | $4,759-44.0% | $6,396-58.4% |
| Admin fee / account holder | $17 | $15,306-99.9% | $12,266-99.9% | $12,562-99.9% |