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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 | $128,937 | $58,275+121.3% | $81,844+57.5% | $80,935+59.3% |
| Participation rate | 30.6% | 63.5%-32.9pp | 72.4%-41.8pp | 67.7%-37.1pp |
| Annual return | 22.70% | 41.82%-19.1pp | 778.87%-756.2pp | 35.66%-13.0pp |
| Employer contribution / active EE | $0 | $2,346-100.0% | $2,916-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $943 | $3,285-71.3% | $4,323-78.2% | $4,299-78.1% |
| Admin fee / account holder | $62 | $4,749-98.7% | $7,355-99.2% | $6,924-99.1% |