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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 | $97,267 | $75,832+28.3% | $147,617-34.1% | $59,633+63.1% |
| Participation rate | 40.0% | 71.6%-31.6pp | 84.6%-44.6pp | 68.7%-28.7pp |
| Annual return | 3.07% | 0.37%+2.7pp | 61.98%-58.9pp | 2041.45%-2038.4pp |
| Employer contribution / active EE | $266 | $3,485-92.4% | $5,564-95.2% | $2,203-87.9% |
| Participant deferral / active EE | $5,405 | $3,131+72.6% | $4,895+10.4% | $3,192+69.3% |
| Admin fee / account holder | $0 | $5,986-100.0% | $11,612-100.0% | $4,297-100.0% |