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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 | $94,430 | $99,652-5.2% | $78,778+19.9% | $147,586-36.0% |
| Participation rate | 22.2% | 76.2%-54.0pp | 69.2%-47.0pp | 82.8%-60.6pp |
| Annual return | 18.02% | 47.28%-29.3pp | 35.62%-17.6pp | 578.59%-560.6pp |
| Employer contribution / active EE | $261 | $2,796-90.7% | $1,986-86.9% | $4,876-94.7% |
| Participant deferral / active EE | $899 | $3,664-75.5% | $2,958-69.6% | $5,439-83.5% |
| Admin fee / account holder | $0 | $7,155-100.0% | $5,134-100.0% | $10,886-100.0% |