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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 | $105,786 | $181,896-41.8% | $156,551-32.4% | $273,972-61.4% |
| Participation rate | 62.5% | 88.4%-25.9pp | 84.0%-21.5pp | 83.0%-20.5pp |
| Annual return | 3.22% | 30.74%-27.5pp | 32.23%-29.0pp | 41.46%-38.2pp |
| Employer contribution / active EE | $439 | $6,248-93.0% | $5,501-92.0% | $4,869-91.0% |
| Participant deferral / active EE | $6,101 | $5,550+9.9% | $4,871+25.2% | $5,287+15.4% |
| Admin fee / account holder | $17 | $15,560-99.9% | $13,028-99.9% | $10,133-99.8% |