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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 | $51,485 | $97,289-47.1% | $92,805-44.5% | $155,188-66.8% |
| Participation rate | 50.0% | 84.2%-34.2pp | 83.5%-33.5pp | 80.8%-30.8pp |
| Annual return | 26.18% | 29.03%-2.8pp | 31.59%-5.4pp | 148.84%-122.7pp |
| Employer contribution / active EE | $0 | $3,632-100.0% | $3,424-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $9,126 | $8,795+3.8% | $8,448+8.0% | $6,531+39.7% |
| Admin fee / account holder | $100 | $12,015-99.2% | $10,911-99.1% | $14,480-99.3% |