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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 | $16,685 | $72,071-76.8% | $68,368-75.6% | $137,256-87.8% |
| Participation rate | 45.5% | 76.2%-30.8pp | 73.8%-28.3pp | 80.0%-34.5pp |
| Annual return | 24.06% | 353.14%-329.1pp | 292.57%-268.5pp | 220.34%-196.3pp |
| Employer contribution / active EE | $235 | $2,788-91.6% | $2,649-91.1% | $4,156-94.3% |
| Participant deferral / active EE | $1,677 | $4,410-62.0% | $4,123-59.3% | $6,407-73.8% |
| Admin fee / account holder | $58 | $5,336-98.9% | $5,150-98.9% | $12,270-99.5% |