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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 | $11,314 | $57,305-80.3% | $86,640-86.9% | $75,173-84.9% |
| Participation rate | 43.2% | 63.2%-20.0pp | 71.7%-28.5pp | 67.2%-24.0pp |
| Annual return | 21.78% | 2674.24%-2652.5pp | 592.52%-570.7pp | 160.72%-138.9pp |
| Employer contribution / active EE | $0 | $2,316-100.0% | $3,024-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $2,315 | $3,320-30.3% | $4,438-47.8% | $4,126-43.9% |
| Admin fee / account holder | $195 | $4,116-95.3% | $5,616-96.5% | $5,651-96.5% |