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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 | $111,304 | $181,896-38.8% | $156,551-28.9% | $273,972-59.4% |
| Participation rate | 40.0% | 88.4%-48.4pp | 84.0%-44.0pp | 83.0%-43.0pp |
| Annual return | 8.04% | 30.74%-22.7pp | 32.23%-24.2pp | 41.46%-33.4pp |
| Employer contribution / active EE | $1,176 | $6,248-81.2% | $5,501-78.6% | $4,869-75.9% |
| Participant deferral / active EE | $7,325 | $5,550+32.0% | $4,871+50.4% | $5,287+38.5% |
| Admin fee / account holder | $225 | $15,560-98.6% | $13,028-98.3% | $10,133-97.8% |