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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 | $148,032 | $78,423+88.8% | $95,964+54.3% | $79,856+85.4% |
| Participation rate | 51.2% | 73.5%-22.3pp | 77.1%-25.9pp | 69.6%-18.4pp |
| Annual return | 16.26% | 19.37%-3.1pp | 91.64%-75.4pp | 31.71%-15.5pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,452 | $3,440-28.7% | $4,167-41.2% | $3,741-34.4% |
| Admin fee / account holder | $66 | $5,622-98.8% | $6,797-99.0% | $5,306-98.8% |