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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 | $124,986 | $129,959-3.8% | $104,301+19.8% | $134,532-7.1% |
| Participation rate | 63.2% | 79.5%-16.4pp | 73.3%-10.1pp | 81.2%-18.1pp |
| Annual return | 0.00% | 42.04%-42.0pp | 24.61%-24.6pp | 418.27%-418.3pp |
| Employer contribution / active EE | $616 | $4,185-85.3% | $3,373-81.7% | $4,741-87.0% |
| Participant deferral / active EE | $1,437 | $5,589-74.3% | $4,626-68.9% | $6,401-77.6% |
| Admin fee / account holder | $0 | $9,325-100.0% | $7,340-100.0% | $11,429-100.0% |