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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 | $32,703 | $110,240-70.3% | $96,544-66.1% | $139,487-76.6% |
| Participation rate | 40.0% | 78.1%-38.1pp | 76.0%-36.0pp | 80.3%-40.3pp |
| Annual return | 22.50% | 26.41%-3.9pp | 25.88%-3.4pp | 373.84%-351.3pp |
| Employer contribution / active EE | $630 | $3,622-82.6% | $2,966-78.8% | $4,755-86.7% |
| Participant deferral / active EE | $6,552 | $5,549+18.1% | $4,851+35.0% | $6,713-2.4% |
| Admin fee / account holder | $197 | $11,602-98.3% | $8,254-97.6% | $11,407-98.3% |