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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 | $22,388 | $148,582-84.9% | $135,942-83.5% | $139,456-83.9% |
| Participation rate | 29.4% | 83.9%-54.4pp | 81.9%-52.5pp | 80.3%-50.9pp |
| Annual return | 64.15% | 79.26%-15.1pp | 68.28%-4.1pp | 373.45%-309.3pp |
| Employer contribution / active EE | $759 | $5,245-85.5% | $4,858-84.4% | $4,753-84.0% |
| Participant deferral / active EE | $4,280 | $8,101-47.2% | $7,759-44.8% | $6,711-36.2% |
| Admin fee / account holder | $135 | $12,402-98.9% | $10,764-98.7% | $11,407-98.8% |