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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 | $37,730 | $105,160-64.1% | $94,679-60.1% | $139,456-72.9% |
| Participation rate | 66.7% | 82.4%-15.7pp | 80.8%-14.2pp | 80.3%-13.7pp |
| Annual return | 23.85% | 38.04%-14.2pp | 156.75%-132.9pp | 373.45%-349.6pp |
| Employer contribution / active EE | $0 | $4,107-100.0% | $3,673-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $8,854 | $7,599+16.5% | $7,417+19.4% | $6,711+31.9% |
| Admin fee / account holder | $123 | $8,988-98.6% | $7,233-98.3% | $11,407-98.9% |