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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 | $23,996 | $75,832-68.4% | $147,617-83.7% | $59,633-59.8% |
| Participation rate | 39.4% | 71.6%-32.2pp | 84.6%-45.2pp | 68.7%-29.3pp |
| Annual return | 101.86% | 0.37%+101.5pp | 61.98%+39.9pp | 2041.45%-1939.6pp |
| Employer contribution / active EE | $0 | $3,485-100.0% | $5,564-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $5,573 | $3,131+78.0% | $4,895+13.8% | $3,192+74.6% |
| Admin fee / account holder | $0 | $5,986-100.0% | $11,612-100.0% | $4,297-100.0% |