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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 | $19,476 | $106,918-81.8% | $84,021-76.8% | $152,897-87.3% |
| Participation rate | 63.6% | 75.2%-11.6pp | 69.0%-5.4pp | 82.5%-18.8pp |
| Annual return | 23.82% | 105.01%-81.2pp | 71.32%-47.5pp | 345.43%-321.6pp |
| Employer contribution / active EE | $290 | $2,735-89.4% | $1,984-85.4% | $4,764-93.9% |
| Participant deferral / active EE | $3,292 | $4,012-17.9% | $3,239+1.6% | $5,851-43.7% |
| Admin fee / account holder | $144 | $8,288-98.3% | $6,102-97.6% | $11,599-98.8% |