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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 | $44,510 | $63,346-29.7% | $92,240-51.7% | $70,126-36.5% |
| Participation rate | 23.7% | 68.7%-44.9pp | 76.5%-52.8pp | 69.5%-45.8pp |
| Annual return | 15.61% | 530.19%-514.6pp | 176.29%-160.7pp | 73.15%-57.5pp |
| Employer contribution / active EE | $0 | $2,471-100.0% | $3,680-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,193 | $2,854-58.2% | $3,897-69.4% | $3,332-64.2% |
| Admin fee / account holder | $7 | $3,841-99.8% | $5,194-99.9% | $4,645-99.8% |