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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 | $18,293 | $185,312-90.1% | $161,489-88.7% | $154,746-88.2% |
| Participation rate | 44.4% | 82.5%-38.0pp | 78.7%-34.3pp | 80.7%-36.3pp |
| Annual return | 19.67% | 103.84%-84.2pp | 89.72%-70.0pp | 172.34%-152.7pp |
| Employer contribution / active EE | $248 | $4,769-94.8% | $4,268-94.2% | $4,379-94.3% |
| Participant deferral / active EE | $2,194 | $6,350-65.4% | $5,630-61.0% | $6,730-67.4% |
| Admin fee / account holder | $196 | $18,654-98.9% | $16,006-98.8% | $14,365-98.6% |