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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 | $85,326 | $96,643-11.7% | $86,617-1.5% | $139,456-38.8% |
| Participation rate | 55.6% | 74.4%-18.9pp | 71.7%-16.1pp | 80.3%-24.8pp |
| Annual return | 21.05% | 106.57%-85.5pp | 591.91%-570.9pp | 373.45%-352.4pp |
| Employer contribution / active EE | $0 | $3,264-100.0% | $3,023-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $4,848 | $4,835+0.3% | $4,437+9.3% | $6,711-27.8% |
| Admin fee / account holder | $241 | $6,406-96.2% | $5,613-95.7% | $11,407-97.9% |