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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 | $24,319 | $106,008-77.1% | $92,240-73.6% | $147,586-83.5% |
| Participation rate | 33.3% | 80.4%-47.1pp | 76.5%-43.1pp | 82.8%-49.5pp |
| Annual return | 10.24% | 50.05%-39.8pp | 176.29%-166.1pp | 578.59%-568.4pp |
| Employer contribution / active EE | $562 | $4,333-87.0% | $3,680-84.7% | $4,876-88.5% |
| Participant deferral / active EE | $5,524 | $4,478+23.3% | $3,897+41.7% | $5,439+1.6% |
| Admin fee / account holder | $0 | $6,333-100.0% | $5,194-100.0% | $10,886-100.0% |