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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 | $181,995 | $85,171+113.7% | $172,752+5.4% | $72,975+149.4% |
| Participation rate | 16.0% | 70.1%-54.1pp | 82.6%-66.6pp | 69.5%-53.5pp |
| Annual return | 23.82% | 27.32%-3.5pp | 802.97%-779.1pp | 81.01%-57.2pp |
| Employer contribution / active EE | $0 | $3,324-100.0% | $5,144-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,006 | $3,260-69.1% | $5,198-80.6% | $3,608-72.1% |
| Admin fee / account holder | $8 | $5,880-99.9% | $13,955-99.9% | $5,124-99.8% |