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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 | $58,848+246.0% | $88,179+130.9% | $82,637+146.4% |
| Participation rate | 23.7% | 57.9%-34.2pp | 69.1%-45.5pp | 68.1%-44.4pp |
| Annual return | 16.88% | 22.76%-5.9pp | 64.97%-48.1pp | 53.51%-36.6pp |
| Employer contribution / active EE | $0 | $1,678-100.0% | $2,549-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $1,868 | $3,124-40.2% | $4,614-59.5% | $4,126-54.7% |
| Admin fee / account holder | $270 | $4,795-94.4% | $7,673-96.5% | $7,339-96.3% |