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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 | $45,343+92.4% | $150,298-42.0% | $67,986+28.3% |
| Participation rate | 20.4% | 51.9%-31.5pp | 77.8%-57.4pp | 57.2%-36.8pp |
| Annual return | 19.57% | 33.28%-13.7pp | 62.79%-43.2pp | 31.67%-12.1pp |
| Employer contribution / active EE | $30 | $1,462-97.9% | $4,154-99.3% | $2,019-98.5% |
| Participant deferral / active EE | $2,052 | $2,055-0.1% | $5,453-62.4% | $3,358-38.9% |
| Admin fee / account holder | $0 | $2,250-100.0% | $14,116-100.0% | $3,203-100.0% |