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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 | $96,700 | $80,812+19.7% | $160,784-39.9% | $82,448+17.3% |
| Participation rate | 23.6% | 66.2%-42.6pp | 77.0%-53.3pp | 68.1%-44.5pp |
| Annual return | 18.06% | 100.59%-82.5pp | 1803.92%-1785.9pp | 41.64%-23.6pp |
| Employer contribution / active EE | $0 | $2,174-100.0% | $3,733-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $2,759 | $4,335-36.4% | $6,293-56.2% | $4,139-33.3% |
| Admin fee / account holder | $266 | $7,695-96.5% | $9,717-97.3% | $7,234-96.3% |