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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 | $43,516 | $227,291-80.9% | $214,702-79.7% | $155,188-72.0% |
| Participation rate | 50.0% | 88.0%-38.0pp | 87.5%-37.5pp | 80.8%-30.8pp |
| Annual return | 16.82% | 60.08%-43.3pp | 54.55%-37.7pp | 148.84%-132.0pp |
| Employer contribution / active EE | $0 | $6,772-100.0% | $6,461-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $3,750 | $9,582-60.9% | $9,147-59.0% | $6,531-42.6% |
| Admin fee / account holder | $118 | $20,413-99.4% | $19,830-99.4% | $14,480-99.2% |