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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 | $23,629 | $183,516-87.1% | $155,534-84.8% | $145,884-83.8% |
| Participation rate | 66.7% | 82.7%-16.0pp | 78.2%-11.6pp | 80.3%-13.6pp |
| Annual return | 10.58% | 61.43%-50.8pp | 64.92%-54.3pp | 551.85%-541.3pp |
| Employer contribution / active EE | $610 | $5,315-88.5% | $4,675-86.9% | $4,662-86.9% |
| Participant deferral / active EE | $3,386 | $6,467-47.6% | $5,630-39.9% | $6,690-49.4% |
| Admin fee / account holder | $103 | $19,293-99.5% | $15,900-99.4% | $13,392-99.2% |