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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 | $53,177 | $212,386-75.0% | $199,883-73.4% | $138,895-61.7% |
| Participation rate | 66.7% | 87.4%-20.7pp | 86.8%-20.1pp | 79.9%-13.3pp |
| Annual return | 24.43% | 47.75%-23.3pp | 43.81%-19.4pp | 145.39%-121.0pp |
| Employer contribution / active EE | $0 | $6,625-100.0% | $6,261-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $13,867 | $9,617+44.2% | $9,138+51.7% | $6,396+116.8% |
| Admin fee / account holder | $118 | $18,233-99.4% | $17,268-99.3% | $12,562-99.1% |