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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 | $39,038 | $149,778-73.9% | $118,946-67.2% | $158,966-75.4% |
| Participation rate | 33.3% | 82.1%-48.8pp | 75.4%-42.1pp | 82.0%-48.6pp |
| Annual return | 34.89% | 19.95%+14.9pp | 35.89%-1.0pp | 302.95%-268.1pp |
| Employer contribution / active EE | $0 | $4,117-100.0% | $3,263-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $7,175 | $5,225+37.3% | $4,266+68.2% | $5,983+19.9% |
| Admin fee / account holder | $234 | $8,604-97.3% | $6,581-96.4% | $11,250-97.9% |