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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 | $15,772 | $28,624-44.9% | $53,647-70.6% | $82,637-80.9% |
| Participation rate | 13.3% | 47.3%-33.9pp | 56.3%-42.9pp | 68.1%-54.7pp |
| Annual return | 19.41% | 664.98%-645.6pp | 358.33%-338.9pp | 53.51%-34.1pp |
| Employer contribution / active EE | $0 | $637-100.0% | $962-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $821 | $1,196-31.4% | $1,813-54.7% | $4,126-80.1% |
| Admin fee / account holder | $112 | $2,022-94.5% | $2,460-95.4% | $7,339-98.5% |