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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 | $24,109 | $209,336-88.5% | $197,124-87.8% | $137,256-82.4% |
| Participation rate | 66.7% | 87.3%-20.6pp | 86.7%-20.0pp | 80.0%-13.3pp |
| Annual return | 24.32% | 48.09%-23.8pp | 44.34%-20.0pp | 220.34%-196.0pp |
| Employer contribution / active EE | $107 | $6,591-98.4% | $6,227-98.3% | $4,156-97.4% |
| Participant deferral / active EE | $6,366 | $9,614-33.8% | $9,135-30.3% | $6,407-0.6% |
| Admin fee / account holder | $227 | $17,308-98.7% | $16,298-98.6% | $12,270-98.2% |