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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 | $97,803 | $124,351-21.3% | $109,188-10.4% | $167,553-41.6% |
| Participation rate | 64.3% | 79.4%-15.2pp | 75.9%-11.6pp | 82.1%-17.8pp |
| Annual return | 17.04% | 26.04%-9.0pp | 25.76%-8.7pp | 478.89%-461.9pp |
| Employer contribution / active EE | $550 | $4,210-86.9% | $3,723-85.2% | $4,840-88.6% |
| Participant deferral / active EE | $2,473 | $5,257-53.0% | $4,654-46.9% | $6,343-61.0% |
| Admin fee / account holder | $216 | $7,975-97.3% | $6,755-96.8% | $12,316-98.2% |