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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 | $25,898 | $111,878-76.9% | $93,727-72.4% | $145,897-82.2% |
| Participation rate | 31.6% | 74.2%-42.6pp | 68.7%-37.1pp | 80.3%-48.7pp |
| Annual return | 10.13% | 204.28%-194.1pp | 133.83%-123.7pp | 552.29%-542.2pp |
| Employer contribution / active EE | $371 | $3,092-88.0% | $2,421-84.7% | $4,663-92.0% |
| Participant deferral / active EE | $1,784 | $4,920-63.7% | $4,417-59.6% | $6,689-73.3% |
| Admin fee / account holder | $133 | $10,256-98.7% | $8,292-98.4% | $13,390-99.0% |