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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 | $108,340 | $65,704+64.9% | $94,229+15.0% | $59,633+81.7% |
| Participation rate | 59.6% | 72.1%-12.5pp | 78.8%-19.2pp | 68.7%-9.1pp |
| Annual return | -1.37% | 5.22%-6.6pp | 10.68%-12.1pp | 2041.45%-2042.8pp |
| Employer contribution / active EE | $0 | $2,021-100.0% | $3,587-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $5,564 | $3,143+77.0% | $4,320+28.8% | $3,192+74.3% |
| Admin fee / account holder | $245 | $4,265-94.3% | $6,269-96.1% | $4,297-94.3% |