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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 | $31,910 | $148,623-78.5% | $135,974-76.5% | $139,466-77.1% |
| Participation rate | 40.0% | 83.9%-43.9pp | 81.9%-41.9pp | 80.3%-40.3pp |
| Annual return | 23.89% | 79.30%-55.4pp | 68.30%-44.4pp | 373.66%-349.8pp |
| Employer contribution / active EE | $905 | $5,246-82.7% | $4,859-81.4% | $4,754-81.0% |
| Participant deferral / active EE | $3,928 | $8,103-51.5% | $7,760-49.4% | $6,712-41.5% |
| Admin fee / account holder | $94 | $12,406-99.2% | $10,767-99.1% | $11,409-99.2% |