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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 | $115,657 | $83,908+37.8% | $68,509+68.8% | $125,388-7.8% |
| Participation rate | 36.4% | 78.2%-41.8pp | 74.7%-38.4pp | 83.2%-46.8pp |
| Annual return | 6.57% | 14.48%-7.9pp | 8.27%-1.7pp | 282.24%-275.7pp |
| Employer contribution / active EE | $0 | $3,031-100.0% | $2,278-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $6,624 | $4,125+60.6% | $3,382+95.8% | $5,352+23.8% |
| Admin fee / account holder | $0 | $8,982-100.0% | $5,275-100.0% | $9,541-100.0% |