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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 | $21,886 | $148,623-85.3% | $135,974-83.9% | $139,466-84.3% |
| Participation rate | 37.5% | 83.9%-46.4pp | 81.9%-44.4pp | 80.3%-42.8pp |
| Annual return | 13.46% | 79.30%-65.8pp | 68.30%-54.8pp | 373.66%-360.2pp |
| Employer contribution / active EE | $713 | $5,246-86.4% | $4,859-85.3% | $4,754-85.0% |
| Participant deferral / active EE | $4,479 | $8,103-44.7% | $7,760-42.3% | $6,712-33.3% |
| Admin fee / account holder | $99 | $12,406-99.2% | $10,767-99.1% | $11,409-99.1% |