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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 | $55,583 | $107,666-48.4% | $102,184-45.6% | $154,746-64.1% |
| Participation rate | 62.5% | 83.7%-21.2pp | 82.6%-20.1pp | 80.7%-18.2pp |
| Annual return | 23.88% | 29.33%-5.4pp | 31.58%-7.7pp | 172.34%-148.5pp |
| Employer contribution / active EE | $0 | $3,846-100.0% | $3,594-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $10,727 | $8,719+23.0% | $8,309+29.1% | $6,730+59.4% |
| Admin fee / account holder | $287 | $12,943-97.8% | $11,609-97.5% | $14,365-98.0% |