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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 | $45,335 | $108,911-58.4% | $100,392-54.8% | $145,884-68.9% |
| Participation rate | 66.7% | 83.0%-16.3pp | 81.5%-14.8pp | 80.3%-13.6pp |
| Annual return | 39.29% | 58.23%-18.9pp | 49.45%-10.2pp | 551.85%-512.6pp |
| Employer contribution / active EE | $0 | $4,420-100.0% | $3,941-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $2,908 | $8,459-65.6% | $8,090-64.1% | $6,690-56.5% |
| Admin fee / account holder | $64 | $9,698-99.3% | $7,904-99.2% | $13,392-99.5% |