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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 | $60,409 | $275,752-78.1% | $256,809-76.5% | $198,609-69.6% |
| Participation rate | 64.7% | 89.2%-24.5pp | 88.5%-23.8pp | 82.4%-17.7pp |
| Annual return | 71.89% | 34.81%+37.1pp | 32.73%+39.2pp | 202.70%-130.8pp |
| Employer contribution / active EE | $0 | $7,721-100.0% | $7,263-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $9,227 | $10,037-8.1% | $9,520-3.1% | $6,977+32.2% |
| Admin fee / account holder | $68 | $25,716-99.7% | $25,146-99.7% | $19,030-99.6% |