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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 | $216,325 | $165,399+30.8% | $149,745+44.5% | $158,982+36.1% |
| Participation rate | 60.0% | 84.6%-24.6pp | 82.5%-22.5pp | 82.0%-22.0pp |
| Annual return | 12.46% | 348.34%-335.9pp | 276.72%-264.3pp | 302.99%-290.5pp |
| Employer contribution / active EE | $0 | $5,105-100.0% | $4,646-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $8,328 | $7,183+15.9% | $6,843+21.7% | $5,983+39.2% |
| Admin fee / account holder | $296 | $10,811-97.3% | $9,312-96.8% | $11,252-97.4% |