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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 | $96,362 | $67,602+42.5% | $82,312+17.1% | $70,126+37.4% |
| Participation rate | 42.5% | 72.8%-30.3pp | 76.9%-34.4pp | 69.5%-27.0pp |
| Annual return | 14.97% | 21.57%-6.6pp | 25.88%-10.9pp | 73.15%-58.2pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $3,771 | $2,987+26.2% | $3,706+1.7% | $3,332+13.2% |
| Admin fee / account holder | $254 | $4,512-94.4% | $5,608-95.5% | $4,645-94.5% |