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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 | $71,915 | $117,904-39.0% | $102,457-29.8% | $145,978-50.7% |
| Participation rate | 10.0% | 78.6%-68.6pp | 76.5%-66.5pp | 80.3%-70.3pp |
| Annual return | 29.59% | 31.80%-2.2pp | 29.41%+0.2pp | 550.52%-520.9pp |
| Employer contribution / active EE | $480 | $3,613-86.7% | $3,022-84.1% | $4,662-89.7% |
| Participant deferral / active EE | $3,000 | $5,733-47.7% | $5,054-40.6% | $6,690-55.2% |
| Admin fee / account holder | $0 | $13,329-100.0% | $9,451-100.0% | $13,400-100.0% |