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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 | $95,967 | $57,352+67.3% | $83,831+14.5% | $64,173+49.5% |
| Participation rate | 31.4% | 68.6%-37.2pp | 76.1%-44.7pp | 69.6%-38.1pp |
| Annual return | 16.65% | 11.38%+5.3pp | 850.99%-834.3pp | 7.63%+9.0pp |
| Employer contribution / active EE | $467 | $2,546-81.6% | $3,631-87.1% | $2,381-80.4% |
| Participant deferral / active EE | $1,897 | $2,993-36.6% | $4,082-53.5% | $3,470-45.3% |
| Admin fee / account holder | $0 | $4,046-100.0% | $5,479-100.0% | $4,887-100.0% |