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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 | $47,284 | $183,592-74.2% | $155,567-69.6% | $145,959-67.6% |
| Participation rate | 31.3% | 82.7%-51.4pp | 78.2%-46.9pp | 80.3%-49.0pp |
| Annual return | 14.81% | 61.24%-46.4pp | 64.74%-49.9pp | 561.95%-547.1pp |
| Employer contribution / active EE | $0 | $5,315-100.0% | $4,674-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $3,408 | $6,464-47.3% | $5,628-39.4% | $6,689-49.0% |
| Admin fee / account holder | $0 | $19,318-100.0% | $15,916-100.0% | $13,398-100.0% |