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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 | $146,031 | $78,015+87.2% | $178,505-18.2% | $80,959+80.4% |
| Participation rate | 6.3% | 65.7%-59.4pp | 77.1%-70.9pp | 67.7%-61.4pp |
| Annual return | 13.89% | 18.10%-4.2pp | 27.16%-13.3pp | 35.67%-21.8pp |
| Employer contribution / active EE | $225 | $2,281-90.2% | $3,955-94.3% | $2,757-91.9% |
| Participant deferral / active EE | $1,488 | $4,406-66.2% | $6,280-76.3% | $4,300-65.4% |
| Admin fee / account holder | $0 | $7,160-100.0% | $10,428-100.0% | $6,925-100.0% |