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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 | $184,782 | $46,697+295.7% | $117,533+57.2% | $68,486+169.8% |
| Participation rate | 28.0% | 56.8%-28.8pp | 70.6%-42.6pp | 67.9%-39.9pp |
| Annual return | -14.41% | -14.52%+0.1pp | 29.77%-44.2pp | -7.85%-6.6pp |
| Employer contribution / active EE | $0 | $1,506-100.0% | $4,179-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $2,810 | $2,637+6.5% | $4,072-31.0% | $4,028-30.2% |
| Admin fee / account holder | $4 | $4,023-99.9% | $5,647-99.9% | $5,404-99.9% |