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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 | $203,589 | $57,590+253.5% | $86,233+136.1% | $82,448+146.9% |
| Participation rate | 23.7% | 57.9%-34.2pp | 69.0%-45.3pp | 68.1%-44.4pp |
| Annual return | 16.88% | 22.41%-5.5pp | 61.39%-44.5pp | 41.64%-24.8pp |
| Employer contribution / active EE | $0 | $1,655-100.0% | $2,504-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,868 | $3,080-39.4% | $4,559-59.0% | $4,139-54.9% |
| Admin fee / account holder | $270 | $4,730-94.3% | $8,342-96.8% | $7,234-96.3% |