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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 | $45,199 | $111,535-59.5% | $105,223-57.0% | $137,256-67.1% |
| Participation rate | 50.0% | 78.1%-28.1pp | 75.0%-25.0pp | 80.0%-30.0pp |
| Annual return | 24.82% | 237.85%-213.0pp | 180.65%-155.8pp | 220.34%-195.5pp |
| Employer contribution / active EE | $50 | $3,939-98.7% | $3,689-98.6% | $4,156-98.8% |
| Participant deferral / active EE | $5,665 | $5,500+3.0% | $5,072+11.7% | $6,407-11.6% |
| Admin fee / account holder | $85 | $9,721-99.1% | $8,859-99.0% | $12,270-99.3% |