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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 | $56,487 | $196,972-71.3% | $182,262-69.0% | $198,609-71.6% |
| Participation rate | 56.5% | 85.7%-29.2pp | 84.2%-27.7pp | 82.4%-25.9pp |
| Annual return | 15.75% | 158.27%-142.5pp | 140.60%-124.9pp | 202.70%-187.0pp |
| Employer contribution / active EE | $776 | $5,364-85.5% | $5,046-84.6% | $5,055-84.6% |
| Participant deferral / active EE | $4,506 | $8,643-47.9% | $8,276-45.6% | $6,977-35.4% |
| Admin fee / account holder | $264 | $18,429-98.6% | $16,712-98.4% | $19,030-98.6% |