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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 | $118,135 | $57,350+106.0% | $83,850+40.9% | $64,181+84.1% |
| Participation rate | 19.1% | 68.6%-49.5pp | 76.1%-57.0pp | 69.6%-50.4pp |
| Annual return | 5.39% | 11.38%-6.0pp | 850.92%-845.5pp | 7.63%-2.2pp |
| Employer contribution / active EE | $477 | $2,545-81.3% | $3,631-86.9% | $2,381-80.0% |
| Participant deferral / active EE | $1,451 | $2,993-51.5% | $4,082-64.4% | $3,470-58.2% |
| Admin fee / account holder | $0 | $4,046-100.0% | $5,478-100.0% | $4,887-100.0% |