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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 | $223,823-73.0% | $211,142-71.4% | $154,746-61.0% |
| Participation rate | 64.7% | 87.9%-23.1pp | 87.3%-22.6pp | 80.7%-16.0pp |
| Annual return | 71.89% | 50.39%+21.5pp | 46.84%+25.1pp | 172.34%-100.4pp |
| Employer contribution / active EE | $0 | $6,787-100.0% | $6,442-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $9,227 | $9,750-5.4% | $9,284-0.6% | $6,730+37.1% |
| Admin fee / account holder | $68 | $19,707-99.7% | $19,076-99.6% | $14,365-99.5% |