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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 | $40,393 | $202,342-80.0% | $172,752-76.6% | $152,897-73.6% |
| Participation rate | 60.0% | 87.1%-27.1pp | 82.6%-22.6pp | 82.5%-22.5pp |
| Annual return | 24.43% | 1029.83%-1005.4pp | 802.97%-778.5pp | 345.43%-321.0pp |
| Employer contribution / active EE | $863 | $5,858-85.3% | $5,144-83.2% | $4,764-81.9% |
| Participant deferral / active EE | $7,270 | $5,948+22.2% | $5,198+39.9% | $5,851+24.3% |
| Admin fee / account holder | $20 | $17,111-99.9% | $13,955-99.9% | $11,599-99.8% |