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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 | $61,109 | $124,330-50.8% | $109,173-44.0% | $167,536-63.5% |
| Participation rate | 27.3% | 79.5%-52.2pp | 75.9%-48.6pp | 82.1%-54.8pp |
| Annual return | 16.39% | 26.04%-9.7pp | 25.75%-9.4pp | 478.82%-462.4pp |
| Employer contribution / active EE | $652 | $4,209-84.5% | $3,723-82.5% | $4,839-86.5% |
| Participant deferral / active EE | $1,637 | $5,256-68.9% | $4,654-64.8% | $6,342-74.2% |
| Admin fee / account holder | $0 | $7,974-100.0% | $6,755-100.0% | $12,315-100.0% |