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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 | $49,099 | $54,757-10.3% | $90,300-45.6% | $72,983-32.7% |
| Participation rate | 9.8% | 65.1%-55.3pp | 73.3%-63.5pp | 69.5%-59.7pp |
| Annual return | 37.52% | 30.63%+6.9pp | 78.11%-40.6pp | 81.01%-43.5pp |
| Employer contribution / active EE | $0 | $2,092-100.0% | $2,854-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $827 | $2,887-71.3% | $3,884-78.7% | $3,608-77.1% |
| Admin fee / account holder | $6 | $3,972-99.8% | $5,353-99.9% | $5,124-99.9% |