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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 | $81,031 | $84,953-4.6% | $163,379-50.4% | $82,637-1.9% |
| Participation rate | 23.1% | 65.9%-42.9pp | 76.8%-53.7pp | 68.1%-45.0pp |
| Annual return | 19.25% | 23.07%-3.8pp | 63.41%-44.2pp | 53.51%-34.3pp |
| Employer contribution / active EE | $0 | $2,183-100.0% | $3,752-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $3,168 | $4,326-26.8% | $6,282-49.6% | $4,126-23.2% |
| Admin fee / account holder | $5 | $7,921-99.9% | $9,818-99.9% | $7,339-99.9% |