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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 | $76,533 | $52,678+45.3% | $75,784+1.0% | $59,633+28.3% |
| Participation rate | 54.8% | 67.2%-12.4pp | 75.8%-21.0pp | 68.7%-13.8pp |
| Annual return | -2.52% | 2.95%-5.5pp | 9.68%-12.2pp | 2041.45%-2044.0pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,323-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $4,021 | $2,591+55.2% | $3,652+10.1% | $3,192+26.0% |
| Admin fee / account holder | $175 | $3,610-95.1% | $5,300-96.7% | $4,297-95.9% |