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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 | $44,340 | $175,259-74.7% | $149,723-70.4% | $139,487-68.2% |
| Participation rate | 33.3% | 83.4%-50.1pp | 78.8%-45.4pp | 80.3%-47.0pp |
| Annual return | 282.06% | 166.82%+115.2pp | 134.50%+147.6pp | 373.84%-91.8pp |
| Employer contribution / active EE | $511 | $5,478-90.7% | $4,821-89.4% | $4,755-89.2% |
| Participant deferral / active EE | $4,400 | $6,522-32.5% | $5,682-22.6% | $6,713-34.5% |
| Admin fee / account holder | $281 | $16,158-98.3% | $13,215-97.9% | $11,407-97.5% |