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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 | $155,447 | $61,815+151.5% | $97,295+59.8% | $80,959+92.0% |
| Participation rate | 40.0% | 63.5%-23.5pp | 72.7%-32.7pp | 67.7%-27.7pp |
| Annual return | 15.89% | -558.73%+574.6pp | 75.62%-59.7pp | 35.67%-19.8pp |
| Employer contribution / active EE | $0 | $1,836-100.0% | $2,723-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $2,147 | $3,027-29.1% | $4,264-49.6% | $4,300-50.1% |
| Admin fee / account holder | $192 | $5,166-96.3% | $5,646-96.6% | $6,925-97.2% |