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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 | $146,824 | $78,672+86.6% | $109,163+34.5% | $85,856+71.0% |
| Participation rate | 39.7% | 68.3%-28.6pp | 75.9%-36.2pp | 69.3%-29.7pp |
| Annual return | 15.62% | 25.09%-9.5pp | 25.75%-10.1pp | 318.58%-303.0pp |
| Employer contribution / active EE | $358 | $2,734-86.9% | $3,723-90.4% | $2,565-86.0% |
| Participant deferral / active EE | $2,172 | $3,467-37.4% | $4,654-53.3% | $3,952-45.0% |
| Admin fee / account holder | $107 | $5,470-98.0% | $6,754-98.4% | $6,261-98.3% |