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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 | $55,793 | $109,372-49.0% | $89,414-37.6% | $158,966-64.9% |
| Participation rate | 60.0% | 74.3%-14.3pp | 68.0%-8.0pp | 82.0%-22.0pp |
| Annual return | 12.07% | 345.55%-333.5pp | 245.50%-233.4pp | 302.95%-290.9pp |
| Employer contribution / active EE | $0 | $3,171-100.0% | $2,586-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $8,460 | $4,598+84.0% | $3,890+117.5% | $5,983+41.4% |
| Admin fee / account holder | -$65 | $6,156-101.1% | $4,883-101.3% | $11,250-100.6% |