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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 | $146,178 | $116,203+25.8% | $93,621+56.1% | $152,897-4.4% |
| Participation rate | 65.2% | 78.1%-12.8pp | 75.8%-10.6pp | 82.5%-17.2pp |
| Annual return | 20.15% | 35.96%-15.8pp | 32.76%-12.6pp | 345.43%-325.3pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,719-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $4,067 | $4,605-11.7% | $4,070-0.1% | $5,851-30.5% |
| Admin fee / account holder | $142 | $10,751-98.7% | $7,890-98.2% | $11,599-98.8% |