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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 | $41,572 | $96,508-56.9% | $75,901-45.2% | $152,897-72.8% |
| Participation rate | 55.6% | 76.2%-20.6pp | 69.3%-13.7pp | 82.5%-26.9pp |
| Annual return | 21.10% | 33.99%-12.9pp | 30.76%-9.7pp | 345.43%-324.3pp |
| Employer contribution / active EE | $261 | $3,310-92.1% | $2,501-89.6% | $4,764-94.5% |
| Participant deferral / active EE | $1,333 | $4,554-70.7% | $3,603-63.0% | $5,851-77.2% |
| Admin fee / account holder | $0 | $8,081-100.0% | $5,420-100.0% | $11,599-100.0% |