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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 | $142,121 | $106,247+33.8% | $96,515+47.3% | $139,466+1.9% |
| Participation rate | 11.1% | 77.8%-66.7pp | 74.3%-63.2pp | 80.3%-69.2pp |
| Annual return | 21.92% | 38.47%-16.5pp | 35.73%-13.8pp | 373.66%-351.7pp |
| Employer contribution / active EE | $201 | $4,106-95.1% | $3,740-94.6% | $4,754-95.8% |
| Participant deferral / active EE | $1,731 | $5,456-68.3% | $4,880-64.5% | $6,712-74.2% |
| Admin fee / account holder | $0 | $7,885-100.0% | $6,735-100.0% | $11,409-100.0% |