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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 | $61,906 | $109,344-43.4% | $89,400-30.8% | $158,950-61.1% |
| Participation rate | 64.3% | 74.3%-10.0pp | 68.0%-3.7pp | 82.0%-17.7pp |
| Annual return | 15.09% | 345.73%-330.6pp | 245.64%-230.5pp | 302.91%-287.8pp |
| Employer contribution / active EE | $0 | $3,170-100.0% | $2,586-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,518 | $4,599-67.0% | $3,890-61.0% | $5,983-74.6% |
| Admin fee / account holder | $245 | $6,154-96.0% | $4,882-95.0% | $11,248-97.8% |