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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 | $10,971 | $85,060-87.1% | $70,548-84.4% | $139,456-92.1% |
| Participation rate | 36.8% | 73.9%-37.1pp | 68.3%-31.5pp | 80.3%-43.5pp |
| Annual return | 18.07% | 30.38%-12.3pp | 32.78%-14.7pp | 373.45%-355.4pp |
| Employer contribution / active EE | $436 | $3,911-88.8% | $2,975-85.3% | $4,753-90.8% |
| Participant deferral / active EE | $1,217 | $5,890-79.3% | $4,567-73.4% | $6,711-81.9% |
| Admin fee / account holder | $38 | $8,925-99.6% | $6,424-99.4% | $11,407-99.7% |