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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 | $80,511 | $85,094-5.4% | $76,327+5.5% | $145,884-44.8% |
| Participation rate | 28.6% | 82.9%-54.3pp | 79.2%-50.6pp | 80.3%-51.7pp |
| Annual return | 13.81% | 13.13%+0.7pp | 13.79%0pp | 551.85%-538.0pp |
| Employer contribution / active EE | $793 | $5,261-84.9% | $4,584-82.7% | $4,662-83.0% |
| Participant deferral / active EE | $3,599 | $6,390-43.7% | $5,478-34.3% | $6,690-46.2% |
| Admin fee / account holder | $0 | $5,773-100.0% | $5,139-100.0% | $13,392-100.0% |