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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 | $239,400 | $81,276+194.6% | $155,574+53.9% | $80,925+195.8% |
| Participation rate | 12.5% | 66.2%-53.7pp | 78.2%-65.7pp | 67.7%-55.2pp |
| Annual return | 15.21% | 33.36%-18.2pp | 64.87%-49.7pp | 35.65%-20.4pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $4,676-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,184 | $3,453-65.7% | $5,629-79.0% | $4,299-72.5% |
| Admin fee / account holder | $17 | $7,993-99.8% | $15,914-99.9% | $6,940-99.8% |