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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 | $58,241+121.4% | $81,780+57.7% | $80,911+59.4% |
| Participation rate | 30.6% | 63.4%-32.9pp | 72.4%-41.8pp | 67.6%-37.1pp |
| Annual return | 22.70% | 41.73%-19.0pp | 776.27%-753.6pp | 35.63%-12.9pp |
| Employer contribution / active EE | $0 | $2,343-100.0% | $2,914-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $943 | $3,283-71.3% | $4,321-78.2% | $4,297-78.1% |
| Admin fee / account holder | $62 | $4,973-98.8% | $7,384-99.2% | $6,935-99.1% |