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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 | $11,745 | $88,815-86.8% | $81,882-85.7% | $145,897-91.9% |
| Participation rate | 43.5% | 75.1%-31.6pp | 72.4%-28.9pp | 80.3%-36.8pp |
| Annual return | 20.57% | 1033.75%-1013.2pp | 779.47%-758.9pp | 552.29%-531.7pp |
| Employer contribution / active EE | $309 | $3,086-90.0% | $2,916-89.4% | $4,663-93.4% |
| Participant deferral / active EE | $1,827 | $4,647-60.7% | $4,323-57.7% | $6,689-72.7% |
| Admin fee / account holder | $63 | $8,434-99.3% | $7,360-99.2% | $13,390-99.5% |