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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 | $157,401 | $125,193+25.7% | $105,591+49.1% | $145,978+7.8% |
| Participation rate | 62.5% | 77.6%-15.1pp | 75.3%-12.8pp | 80.3%-17.8pp |
| Annual return | 15.32% | 225.53%-210.2pp | 116.43%-101.1pp | 550.52%-535.2pp |
| Employer contribution / active EE | $0 | $3,718-100.0% | $3,166-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $3,156 | $5,708-44.7% | $5,008-37.0% | $6,690-52.8% |
| Admin fee / account holder | $174 | $17,277-99.0% | $11,024-98.4% | $13,400-98.7% |