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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 | $112,909 | $52,678+114.3% | $75,784+49.0% | $59,633+89.3% |
| Participation rate | 58.3% | 67.2%-8.9pp | 75.8%-17.5pp | 68.7%-10.3pp |
| Annual return | 1.94% | 2.95%-1.0pp | 9.68%-7.7pp | 2041.45%-2039.5pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,323-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $2,660 | $2,591+2.7% | $3,652-27.2% | $3,192-16.7% |
| Admin fee / account holder | $128 | $3,610-96.5% | $5,300-97.6% | $4,297-97.0% |