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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 | $45,666 | $85,766-46.8% | $136,297-66.5% | $70,124-34.9% |
| Participation rate | 59.3% | 74.2%-14.8pp | 81.9%-22.6pp | 69.5%-10.2pp |
| Annual return | 36.37% | 31.45%+4.9pp | 5156.19%-5119.8pp | 73.14%-36.8pp |
| Employer contribution / active EE | $0 | $2,966-100.0% | $4,696-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $5,888 | $5,051+16.6% | $6,247-5.8% | $3,332+76.7% |
| Admin fee / account holder | $58 | $5,420-98.9% | $9,244-99.4% | $4,645-98.8% |