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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 | $28,142 | $100,938-72.1% | $90,461-68.9% | $158,982-82.3% |
| Participation rate | 69.6% | 75.0%-5.5pp | 72.7%-3.1pp | 82.0%-12.4pp |
| Annual return | 14.48% | 1727.20%-1712.7pp | 1294.76%-1280.3pp | 302.99%-288.5pp |
| Employer contribution / active EE | $0 | $3,691-100.0% | $3,264-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $2,478 | $4,350-43.0% | $3,964-37.5% | $5,983-58.6% |
| Admin fee / account holder | $254 | $6,510-96.1% | $5,617-95.5% | $11,252-97.7% |