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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 | $32,921 | $88,815-62.9% | $81,882-59.8% | $145,897-77.4% |
| Participation rate | 31.3% | 75.1%-43.8pp | 72.4%-41.1pp | 80.3%-49.1pp |
| Annual return | 16.78% | 1033.75%-1017.0pp | 779.47%-762.7pp | 552.29%-535.5pp |
| Employer contribution / active EE | $325 | $3,086-89.5% | $2,916-88.9% | $4,663-93.0% |
| Participant deferral / active EE | $692 | $4,647-85.1% | $4,323-84.0% | $6,689-89.7% |
| Admin fee / account holder | $48 | $8,434-99.4% | $7,360-99.4% | $13,390-99.6% |