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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 | $67,159 | $181,062-62.9% | $158,223-57.6% | $155,188-56.7% |
| Participation rate | 60.0% | 82.7%-22.7pp | 79.2%-19.2pp | 80.8%-20.8pp |
| Annual return | 31.24% | 57.39%-26.1pp | 52.09%-20.9pp | 148.84%-117.6pp |
| Employer contribution / active EE | $550 | $4,565-88.0% | $4,109-86.6% | $4,248-87.1% |
| Participant deferral / active EE | $6,646 | $6,134+8.3% | $5,467+21.6% | $6,531+1.8% |
| Admin fee / account holder | $128 | $18,825-99.3% | $16,047-99.2% | $14,480-99.1% |