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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 | $141,065 | $97,125+45.2% | $86,233+63.6% | $137,256+2.8% |
| Participation rate | 33.3% | 74.2%-40.9pp | 69.0%-35.7pp | 80.0%-46.6pp |
| Annual return | 12.56% | 74.19%-61.6pp | 61.39%-48.8pp | 220.34%-207.8pp |
| Employer contribution / active EE | $0 | $2,841-100.0% | $2,504-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $5,693 | $5,180+9.9% | $4,559+24.9% | $6,407-11.1% |
| Admin fee / account holder | $212 | $9,725-97.8% | $8,342-97.5% | $12,270-98.3% |