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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 | $43,008 | $70,475-39.0% | $100,530-57.2% | $79,858-46.1% |
| Participation rate | 67.6% | 73.7%-6.0pp | 79.4%-11.8pp | 69.6%-2.0pp |
| Annual return | 52.34% | 21.90%+30.4pp | 30.89%+21.4pp | 31.72%+20.6pp |
| Employer contribution / active EE | $0 | $2,165-100.0% | $3,418-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $8,703 | $5,181+68.0% | $6,271+38.8% | $3,740+132.7% |
| Admin fee / account holder | $265 | $4,478-94.1% | $8,083-96.7% | $5,306-95.0% |