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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 | $249,939 | $118,680+110.6% | $98,910+152.7% | $158,931+57.3% |
| Participation rate | 53.8% | 77.8%-24.0pp | 76.0%-22.2pp | 82.0%-28.1pp |
| Annual return | 14.92% | 372.35%-357.4pp | 196.44%-181.5pp | 302.86%-287.9pp |
| Employer contribution / active EE | $0 | $3,333-100.0% | $2,689-100.0% | $4,761-100.0% |
| Participant deferral / active EE | $6,133 | $5,088+20.5% | $4,244+44.5% | $5,982+2.5% |
| Admin fee / account holder | $11 | $10,131-99.9% | $6,642-99.8% | $11,247-99.9% |