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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 | $195,121 | $63,861+205.5% | $104,614+86.5% | $79,858+144.3% |
| Participation rate | 42.9% | 64.9%-22.1pp | 74.1%-31.2pp | 69.6%-26.8pp |
| Annual return | 71.52% | 21.30%+50.2pp | 340.56%-269.0pp | 31.72%+39.8pp |
| Employer contribution / active EE | -$289 | $1,588-118.2% | $2,681-110.8% | $2,471-111.7% |
| Participant deferral / active EE | $4,609 | $2,693+71.1% | $3,739+23.3% | $3,740+23.2% |
| Admin fee / account holder | $0 | $4,185-100.0% | $6,464-100.0% | $5,306-100.0% |