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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 | $119,950 | $110,379+8.7% | $102,412+17.1% | $145,884-17.8% |
| Participation rate | 33.3% | 77.9%-44.6pp | 74.5%-41.2pp | 80.3%-47.0pp |
| Annual return | 17.96% | 24.84%-6.9pp | 24.94%-7.0pp | 551.85%-533.9pp |
| Employer contribution / active EE | $797 | $4,216-81.1% | $3,870-79.4% | $4,662-82.9% |
| Participant deferral / active EE | $3,383 | $5,622-39.8% | $5,060-33.1% | $6,690-49.4% |
| Admin fee / account holder | $0 | $9,745-100.0% | $8,388-100.0% | $13,392-100.0% |