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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 | $18,312 | $148,582-87.7% | $135,942-86.5% | $139,456-86.9% |
| Participation rate | 41.7% | 83.9%-42.2pp | 81.9%-40.2pp | 80.3%-38.7pp |
| Annual return | 38.37% | 79.26%-40.9pp | 68.28%-29.9pp | 373.45%-335.1pp |
| Employer contribution / active EE | $0 | $5,245-100.0% | $4,858-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $4,588 | $8,101-43.4% | $7,759-40.9% | $6,711-31.6% |
| Admin fee / account holder | $36 | $12,402-99.7% | $10,764-99.7% | $11,407-99.7% |