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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 | $38,511 | $174,379-77.9% | $152,093-74.7% | $138,895-72.3% |
| Participation rate | 25.0% | 81.6%-56.6pp | 77.8%-52.8pp | 79.9%-54.9pp |
| Annual return | 23.66% | 74.86%-51.2pp | 66.36%-42.7pp | 145.39%-121.7pp |
| Employer contribution / active EE | $704 | $4,652-84.9% | $4,175-83.1% | $4,194-83.2% |
| Participant deferral / active EE | $5,492 | $6,159-10.8% | $5,451+0.7% | $6,396-14.1% |
| Admin fee / account holder | $227 | $16,880-98.7% | $14,497-98.4% | $12,562-98.2% |