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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 | $27,377 | $85,766-68.1% | $136,297-79.9% | $70,124-61.0% |
| Participation rate | 66.7% | 74.2%-7.5pp | 81.9%-15.3pp | 69.5%-2.9pp |
| Annual return | 19.33% | 31.45%-12.1pp | 5156.19%-5136.9pp | 73.14%-53.8pp |
| Employer contribution / active EE | $0 | $2,966-100.0% | $4,696-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $5,574 | $5,051+10.3% | $6,247-10.8% | $3,332+67.3% |
| Admin fee / account holder | $173 | $5,420-96.8% | $9,244-98.1% | $4,645-96.3% |