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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 | $22,040 | $183,592-88.0% | $155,574-85.8% | $145,877-84.9% |
| Participation rate | 40.0% | 82.7%-42.7pp | 78.2%-38.2pp | 80.3%-40.3pp |
| Annual return | 13.29% | 61.37%-48.1pp | 64.87%-51.6pp | 551.28%-538.0pp |
| Employer contribution / active EE | $893 | $5,317-83.2% | $4,676-80.9% | $4,663-80.9% |
| Participant deferral / active EE | $4,741 | $6,466-26.7% | $5,629-15.8% | $6,691-29.1% |
| Admin fee / account holder | $21 | $19,316-99.9% | $15,914-99.9% | $13,402-99.8% |