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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 | $64,350 | $107,353-40.1% | $92,903-30.7% | $152,885-57.9% |
| Participation rate | 60.0% | 79.8%-19.8pp | 76.0%-16.0pp | 82.5%-22.5pp |
| Annual return | 2993.62% | 145.62%+2848.0pp | 109.43%+2884.2pp | 345.39%+2648.2pp |
| Employer contribution / active EE | $0 | $4,222-100.0% | $3,653-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $2,514 | $4,848-48.1% | $4,238-40.7% | $5,851-57.0% |
| Admin fee / account holder | $65 | $7,081-99.1% | $5,795-98.9% | $11,598-99.4% |