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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 | $27,771 | $192,829-85.6% | $142,516-80.5% | $139,487-80.1% |
| Participation rate | 37.5% | 81.4%-43.9pp | 76.8%-39.3pp | 80.3%-42.8pp |
| Annual return | 31.09% | 18.07%+13.0pp | 20.03%+11.1pp | 373.84%-342.8pp |
| Employer contribution / active EE | $951 | $5,808-83.6% | $4,849-80.4% | $4,755-80.0% |
| Participant deferral / active EE | $3,832 | $7,200-46.8% | $6,280-39.0% | $6,713-42.9% |
| Admin fee / account holder | $111 | $15,120-99.3% | $10,008-98.9% | $11,407-99.0% |