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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 | $46,688+86.8% | $189,758-54.0% | $69,733+25.1% |
| Participation rate | 20.4% | 61.7%-41.3pp | 79.8%-59.4pp | 62.5%-42.1pp |
| Annual return | 19.57% | 14.35%+5.2pp | 52.62%-33.0pp | 15.22%+4.4pp |
| Employer contribution / active EE | $30 | $1,695-98.2% | $4,767-99.4% | $2,250-98.6% |
| Participant deferral / active EE | $2,052 | $2,143-4.2% | $5,856-65.0% | $3,054-32.8% |
| Admin fee / account holder | $0 | $1,700-100.0% | $20,388-100.0% | $3,102-100.0% |