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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 | $63,768 | $141,004-54.8% | $112,273-43.2% | $139,466-54.3% |
| Participation rate | 33.3% | 79.2%-45.9pp | 72.4%-39.1pp | 80.3%-47.0pp |
| Annual return | 48.94% | 32.75%+16.2pp | 30.23%+18.7pp | 373.66%-324.7pp |
| Employer contribution / active EE | $445 | $4,285-89.6% | $3,431-87.0% | $4,754-90.6% |
| Participant deferral / active EE | $7,870 | $5,878+33.9% | $4,800+64.0% | $6,712+17.3% |
| Admin fee / account holder | $68 | $9,959-99.3% | $7,752-99.1% | $11,409-99.4% |