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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 | $20,709 | $72,071-71.3% | $68,368-69.7% | $137,256-84.9% |
| Participation rate | 45.5% | 76.2%-30.8pp | 73.8%-28.3pp | 80.0%-34.5pp |
| Annual return | 19.79% | 353.14%-333.4pp | 292.57%-272.8pp | 220.34%-200.6pp |
| Employer contribution / active EE | $288 | $2,788-89.7% | $2,649-89.1% | $4,156-93.1% |
| Participant deferral / active EE | $2,459 | $4,410-44.3% | $4,123-40.4% | $6,407-61.6% |
| Admin fee / account holder | $226 | $5,336-95.8% | $5,150-95.6% | $12,270-98.2% |