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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 | $78,096 | $81,358-4.0% | $155,556-49.8% | $80,959-3.5% |
| Participation rate | 21.2% | 66.3%-45.1pp | 78.2%-57.0pp | 67.7%-46.5pp |
| Annual return | 13.19% | 33.39%-20.2pp | 64.84%-51.6pp | 35.67%-22.5pp |
| Employer contribution / active EE | $184 | $3,106-94.1% | $4,675-96.1% | $2,757-93.3% |
| Participant deferral / active EE | $3,915 | $3,455+13.3% | $5,631-30.5% | $4,300-9.0% |
| Admin fee / account holder | $0 | $7,994-100.0% | $15,885-100.0% | $6,925-100.0% |