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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 | $20,635 | $172,111-88.0% | $150,298-86.3% | $137,256-85.0% |
| Participation rate | 40.0% | 81.7%-41.7pp | 77.8%-37.8pp | 80.0%-40.0pp |
| Annual return | 24.42% | 69.37%-45.0pp | 62.79%-38.4pp | 220.34%-195.9pp |
| Employer contribution / active EE | $418 | $4,636-91.0% | $4,154-89.9% | $4,156-89.9% |
| Participant deferral / active EE | $2,351 | $6,166-61.9% | $5,453-56.9% | $6,407-63.3% |
| Admin fee / account holder | $40 | $16,471-99.8% | $14,116-99.7% | $12,270-99.7% |