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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 | $19,388 | $111,830-82.7% | $93,696-79.3% | $145,884-86.7% |
| Participation rate | 23.1% | 74.2%-51.1pp | 68.7%-45.6pp | 80.3%-57.2pp |
| Annual return | 22.99% | 204.08%-181.1pp | 133.74%-110.8pp | 551.85%-528.9pp |
| Employer contribution / active EE | $185 | $3,093-94.0% | $2,422-92.4% | $4,662-96.0% |
| Participant deferral / active EE | $2,363 | $4,920-52.0% | $4,417-46.5% | $6,690-64.7% |
| Admin fee / account holder | $100 | $10,249-99.0% | $8,287-98.8% | $13,392-99.3% |