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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 | $68,616 | $63,346+8.3% | $92,240-25.6% | $70,126-2.2% |
| Participation rate | 17.2% | 68.7%-51.5pp | 76.5%-59.3pp | 69.5%-52.4pp |
| Annual return | 15.60% | 530.19%-514.6pp | 176.29%-160.7pp | 73.15%-57.5pp |
| Employer contribution / active EE | $409 | $2,471-83.4% | $3,680-88.9% | $2,343-82.5% |
| Participant deferral / active EE | $1,249 | $2,854-56.2% | $3,897-67.9% | $3,332-62.5% |
| Admin fee / account holder | $0 | $3,841-100.0% | $5,194-100.0% | $4,645-100.0% |