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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 | $74,142 | $183,627-59.6% | $155,602-52.4% | $145,978-49.2% |
| Participation rate | 36.4% | 82.7%-46.3pp | 78.2%-41.8pp | 80.3%-43.9pp |
| Annual return | 14.01% | 61.32%-47.3pp | 64.81%-50.8pp | 550.52%-536.5pp |
| Employer contribution / active EE | $955 | $5,316-82.0% | $4,675-79.6% | $4,662-79.5% |
| Participant deferral / active EE | $4,506 | $6,466-30.3% | $5,629-19.9% | $6,690-32.6% |
| Admin fee / account holder | $232 | $19,327-98.8% | $15,923-98.5% | $13,400-98.3% |