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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 | $45,323 | $199,109-77.2% | $173,730-73.9% | $154,746-70.7% |
| Participation rate | 66.7% | 82.8%-16.1pp | 79.6%-12.9pp | 80.7%-14.0pp |
| Annual return | 22.80% | 20.02%+2.8pp | 19.96%+2.8pp | 172.34%-149.5pp |
| Employer contribution / active EE | $959 | $5,311-82.0% | $4,577-79.1% | $4,379-78.1% |
| Participant deferral / active EE | $8,792 | $7,113+23.6% | $6,326+39.0% | $6,730+30.6% |
| Admin fee / account holder | $18 | $20,916-99.9% | $17,523-99.9% | $14,365-99.9% |