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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 | $28,568 | $111,830-74.5% | $93,696-69.5% | $145,884-80.4% |
| Participation rate | 31.3% | 74.2%-43.0pp | 68.7%-37.5pp | 80.3%-49.1pp |
| Annual return | 12.95% | 204.08%-191.1pp | 133.74%-120.8pp | 551.85%-538.9pp |
| Employer contribution / active EE | $376 | $3,093-87.9% | $2,422-84.5% | $4,662-91.9% |
| Participant deferral / active EE | $1,292 | $4,920-73.7% | $4,417-70.8% | $6,690-80.7% |
| Admin fee / account holder | $70 | $10,249-99.3% | $8,287-99.2% | $13,392-99.5% |