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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 | $60,442+236.8% | $96,754+110.4% | $87,485+132.7% |
| Participation rate | 23.7% | 58.7%-35.0pp | 70.3%-46.6pp | 68.9%-45.2pp |
| Annual return | 16.88% | 21.97%-5.1pp | 82.04%-65.2pp | 26.06%-9.2pp |
| Employer contribution / active EE | $0 | $1,691-100.0% | $2,679-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,868 | $3,280-43.1% | $4,758-60.7% | $4,274-56.3% |
| Admin fee / account holder | $270 | $5,069-94.7% | $8,905-97.0% | $7,775-96.5% |