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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 | $86,326 | $100,139-13.8% | $85,187+1.3% | $145,884-40.8% |
| Participation rate | 25.0% | 74.1%-49.1pp | 67.5%-42.5pp | 80.3%-55.3pp |
| Annual return | 13.50% | 84.15%-70.7pp | 66.67%-53.2pp | 551.85%-538.3pp |
| Employer contribution / active EE | $0 | $3,238-100.0% | $2,732-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $5,344 | $5,296+0.9% | $4,525+18.1% | $6,690-20.1% |
| Admin fee / account holder | $114 | $7,262-98.4% | $6,162-98.1% | $13,392-99.1% |