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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 | $91,589 | $29,716+208.2% | $56,077+63.3% | $80,925+13.2% |
| Participation rate | 2.4% | 41.7%-39.3pp | 52.5%-50.1pp | 67.7%-65.2pp |
| Annual return | 17.32% | 35.30%-18.0pp | 1709.28%-1692.0pp | 35.65%-18.3pp |
| Employer contribution / active EE | $69 | $671-89.7% | $1,040-93.4% | $2,756-97.5% |
| Participant deferral / active EE | $561 | $1,228-54.3% | $1,954-71.3% | $4,299-86.9% |
| Admin fee / account holder | $0 | $2,432-100.0% | $2,825-100.0% | $6,940-100.0% |