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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 | $118,079 | $185,312-36.3% | $161,489-26.9% | $154,746-23.7% |
| Participation rate | 50.0% | 82.5%-32.5pp | 78.7%-28.7pp | 80.7%-30.7pp |
| Annual return | 14.81% | 103.84%-89.0pp | 89.72%-74.9pp | 172.34%-157.5pp |
| Employer contribution / active EE | $720 | $4,769-84.9% | $4,268-83.1% | $4,379-83.6% |
| Participant deferral / active EE | $10,200 | $6,350+60.6% | $5,630+81.2% | $6,730+51.6% |
| Admin fee / account holder | $46 | $18,654-99.8% | $16,006-99.7% | $14,365-99.7% |