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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 | $56,185 | $176,402-68.1% | $134,162-58.1% | $158,982-64.7% |
| Participation rate | 40.0% | 78.7%-38.7pp | 72.2%-32.2pp | 82.0%-42.0pp |
| Annual return | 16.36% | 63.66%-47.3pp | 36.35%-20.0pp | 302.99%-286.6pp |
| Employer contribution / active EE | $3 | $5,042-99.9% | $3,705-99.9% | $4,763-99.9% |
| Participant deferral / active EE | $4,054 | $4,093-1.0% | $3,500+15.8% | $5,983-32.3% |
| Admin fee / account holder | $192 | $8,719-97.8% | $6,685-97.1% | $11,252-98.3% |