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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 | $40,263 | $96,508-58.3% | $75,901-47.0% | $152,897-73.7% |
| Participation rate | 66.7% | 76.2%-9.5pp | 69.3%-2.6pp | 82.5%-15.8pp |
| Annual return | 18.25% | 33.99%-15.7pp | 30.76%-12.5pp | 345.43%-327.2pp |
| Employer contribution / active EE | $378 | $3,310-88.6% | $2,501-84.9% | $4,764-92.1% |
| Participant deferral / active EE | $1,888 | $4,554-58.5% | $3,603-47.6% | $5,851-67.7% |
| Admin fee / account holder | $40 | $8,081-99.5% | $5,420-99.3% | $11,599-99.7% |