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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 | $165,521 | $78,423+111.1% | $95,964+72.5% | $79,856+107.3% |
| Participation rate | 52.5% | 73.5%-21.0pp | 77.1%-24.6pp | 69.6%-17.2pp |
| Annual return | 11.93% | 19.37%-7.4pp | 91.64%-79.7pp | 31.71%-19.8pp |
| Employer contribution / active EE | $289 | $1,945-85.2% | $2,541-88.6% | $2,471-88.3% |
| Participant deferral / active EE | $2,683 | $3,440-22.0% | $4,167-35.6% | $3,741-28.3% |
| Admin fee / account holder | $276 | $5,622-95.1% | $6,797-95.9% | $5,306-94.8% |