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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 | $16,550 | $107,353-84.6% | $92,903-82.2% | $152,885-89.2% |
| Participation rate | 40.0% | 79.8%-39.8pp | 76.0%-36.0pp | 82.5%-42.5pp |
| Annual return | 30.82% | 145.62%-114.8pp | 109.43%-78.6pp | 345.39%-314.6pp |
| Employer contribution / active EE | $417 | $4,222-90.1% | $3,653-88.6% | $4,763-91.3% |
| Participant deferral / active EE | $2,549 | $4,848-47.4% | $4,238-39.8% | $5,851-56.4% |
| Admin fee / account holder | $99 | $7,081-98.6% | $5,795-98.3% | $11,598-99.1% |