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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 | $161,360 | $82,630+95.3% | $64,105+151.7% | $125,388+28.7% |
| Participation rate | 14.3% | 75.9%-61.6pp | 68.2%-53.9pp | 83.2%-68.9pp |
| Annual return | 3.27% | 1489.72%-1486.4pp | 791.24%-788.0pp | 282.24%-279.0pp |
| Employer contribution / active EE | $0 | $2,671-100.0% | $1,820-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $2,568 | $3,608-28.8% | $2,822-9.0% | $5,352-52.0% |
| Admin fee / account holder | $0 | $6,382-100.0% | $4,499-100.0% | $9,541-100.0% |