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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 | $60,154 | $124,351-51.6% | $109,188-44.9% | $167,553-64.1% |
| Participation rate | 30.0% | 79.4%-49.4pp | 75.9%-45.9pp | 82.1%-52.1pp |
| Annual return | 13.81% | 26.04%-12.2pp | 25.76%-11.9pp | 478.89%-465.1pp |
| Employer contribution / active EE | $244 | $4,210-94.2% | $3,723-93.4% | $4,840-95.0% |
| Participant deferral / active EE | $5,986 | $5,257+13.9% | $4,654+28.6% | $6,343-5.6% |
| Admin fee / account holder | $251 | $7,975-96.9% | $6,755-96.3% | $12,316-98.0% |