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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 | $39,345 | $172,111-77.1% | $150,298-73.8% | $137,256-71.3% |
| Participation rate | 40.0% | 81.7%-41.7pp | 77.8%-37.8pp | 80.0%-40.0pp |
| Annual return | 29.54% | 69.37%-39.8pp | 62.79%-33.2pp | 220.34%-190.8pp |
| Employer contribution / active EE | $48 | $4,636-99.0% | $4,154-98.8% | $4,156-98.8% |
| Participant deferral / active EE | $7,800 | $6,166+26.5% | $5,453+43.0% | $6,407+21.7% |
| Admin fee / account holder | $198 | $16,471-98.8% | $14,116-98.6% | $12,270-98.4% |