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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 | $72,146 | $112,112-35.6% | $95,956-24.8% | $158,950-54.6% |
| Participation rate | 66.7% | 79.0%-12.3pp | 77.1%-10.4pp | 82.0%-15.3pp |
| Annual return | 25.57% | 171.15%-145.6pp | 91.63%-66.1pp | 302.91%-277.3pp |
| Employer contribution / active EE | $0 | $3,199-100.0% | $2,541-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $6,641 | $4,784+38.8% | $4,167+59.4% | $5,983+11.0% |
| Admin fee / account holder | $137 | $10,134-98.6% | $6,797-98.0% | $11,248-98.8% |