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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 | $165,531 | $118,869+39.3% | $96,575+71.4% | $167,518-1.2% |
| Participation rate | 50.0% | 75.5%-25.5pp | 69.8%-19.8pp | 82.1%-32.1pp |
| Annual return | 18.96% | 50.49%-31.5pp | 37.79%-18.8pp | 478.71%-459.7pp |
| Employer contribution / active EE | $0 | $3,120-100.0% | $2,357-100.0% | $4,838-100.0% |
| Participant deferral / active EE | $9,750 | $4,616+111.2% | $3,849+153.3% | $6,342+53.7% |
| Admin fee / account holder | $214 | $8,067-97.4% | $6,182-96.5% | $12,312-98.3% |