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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 | $162,136-65.2% | $152,301-62.9% | $154,746-63.5% |
| Participation rate | 56.5% | 84.1%-27.6pp | 82.4%-25.9pp | 80.7%-24.2pp |
| Annual return | 15.75% | 91.02%-75.3pp | 80.50%-64.8pp | 172.34%-156.6pp |
| Employer contribution / active EE | $776 | $4,890-84.1% | $4,624-83.2% | $4,379-82.3% |
| Participant deferral / active EE | $4,506 | $8,341-46.0% | $8,004-43.7% | $6,730-33.0% |
| Admin fee / account holder | $264 | $15,759-98.3% | $14,398-98.2% | $14,365-98.2% |