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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 | $65,111 | $106,008-38.6% | $92,240-29.4% | $147,586-55.9% |
| Participation rate | 11.1% | 80.4%-69.3pp | 76.5%-65.4pp | 82.8%-71.7pp |
| Annual return | 20.55% | 50.05%-29.5pp | 176.29%-155.7pp | 578.59%-558.0pp |
| Employer contribution / active EE | $320 | $4,333-92.6% | $3,680-91.3% | $4,876-93.4% |
| Participant deferral / active EE | $2,000 | $4,478-55.3% | $3,897-48.7% | $5,439-63.2% |
| Admin fee / account holder | $0 | $6,333-100.0% | $5,194-100.0% | $10,886-100.0% |