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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 | $66,296 | $69,274-4.3% | $64,097+3.4% | $139,487-52.5% |
| Participation rate | 66.7% | 75.6%-9.0pp | 72.3%-5.7pp | 80.3%-13.7pp |
| Annual return | 15.81% | 46.00%-30.2pp | 33.75%-17.9pp | 373.84%-358.0pp |
| Employer contribution / active EE | $0 | $3,187-100.0% | $2,750-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $2,089 | $4,685-55.4% | $3,881-46.2% | $6,713-68.9% |
| Admin fee / account holder | $172 | $4,247-95.9% | $3,070-94.4% | $11,407-98.5% |