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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 | $16,831 | $99,053-83.0% | $88,179-80.9% | $138,895-87.9% |
| Participation rate | 42.9% | 74.2%-31.4pp | 69.1%-26.3pp | 79.9%-37.1pp |
| Annual return | 15.45% | 78.17%-62.7pp | 64.97%-49.5pp | 145.39%-129.9pp |
| Employer contribution / active EE | $236 | $2,882-91.8% | $2,549-90.7% | $4,194-94.4% |
| Participant deferral / active EE | $1,425 | $5,225-72.7% | $4,614-69.1% | $6,396-77.7% |
| Admin fee / account holder | $80 | $8,748-99.1% | $7,673-99.0% | $12,562-99.4% |