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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 | $87,217 | $43,496+100.5% | $161,489-46.0% | $64,340+35.6% |
| Participation rate | 20.4% | 53.5%-33.2pp | 78.7%-58.3pp | 55.2%-34.9pp |
| Annual return | 19.57% | 20.76%-1.2pp | 89.72%-70.1pp | 24.14%-4.6pp |
| Employer contribution / active EE | $30 | $1,431-97.9% | $4,268-99.3% | $1,862-98.4% |
| Participant deferral / active EE | $2,052 | $1,996+2.8% | $5,630-63.6% | $2,980-31.1% |
| Admin fee / account holder | $0 | $2,330-100.0% | $16,006-100.0% | $3,703-100.0% |