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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 | $153,904 | $166,131-7.4% | $164,975-6.7% | $145,877+5.5% |
| Participation rate | 40.0% | 82.0%-42.0pp | 78.6%-38.6pp | 80.3%-40.3pp |
| Annual return | 9.56% | 100.37%-90.8pp | 70.12%-60.6pp | 551.28%-541.7pp |
| Employer contribution / active EE | $3 | $5,276-100.0% | $4,343-99.9% | $4,663-99.9% |
| Participant deferral / active EE | $6,003 | $6,962-13.8% | $6,033-0.5% | $6,691-10.3% |
| Admin fee / account holder | $0 | $16,648-100.0% | $12,688-100.0% | $13,402-100.0% |