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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 | $109,557 | $59,839+83.1% | $81,991+33.6% | $79,852+37.2% |
| Participation rate | 57.1% | 61.6%-4.5pp | 69.3%-12.1pp | 69.6%-12.5pp |
| Annual return | 13.16% | 17.56%-4.4pp | 41.31%-28.2pp | 31.72%-18.6pp |
| Employer contribution / active EE | $0 | $1,713-100.0% | $2,498-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $5,612 | $2,695+108.2% | $3,722+50.8% | $3,740+50.0% |
| Admin fee / account holder | $189 | $4,287-95.6% | $5,665-96.7% | $5,306-96.4% |