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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 | $59,458 | $107,363-44.6% | $92,909-36.0% | $152,897-61.1% |
| Participation rate | 13.3% | 79.8%-66.5pp | 76.0%-62.7pp | 82.5%-69.1pp |
| Annual return | 22.76% | 145.63%-122.9pp | 109.44%-86.7pp | 345.43%-322.7pp |
| Employer contribution / active EE | $415 | $4,222-90.2% | $3,653-88.6% | $4,764-91.3% |
| Participant deferral / active EE | $1,489 | $4,848-69.3% | $4,238-64.9% | $5,851-74.6% |
| Admin fee / account holder | $237 | $7,082-96.7% | $5,795-95.9% | $11,599-98.0% |