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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 | $49,859 | $107,941-53.8% | $91,994-45.8% | $152,909-67.4% |
| Participation rate | 62.5% | 81.2%-18.7pp | 78.6%-16.1pp | 82.5%-20.0pp |
| Annual return | 32.62% | 89.28%-56.7pp | 69.04%-36.4pp | 345.46%-312.8pp |
| Employer contribution / active EE | $0 | $4,212-100.0% | $3,453-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $8,398 | $6,366+31.9% | $5,924+41.8% | $5,851+43.5% |
| Admin fee / account holder | $0 | $10,521-100.0% | $7,744-100.0% | $11,601-100.0% |