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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 | $31,105 | $57,312-45.7% | $86,617-64.1% | $75,181-58.6% |
| Participation rate | 23.1% | 63.2%-40.1pp | 71.7%-48.6pp | 67.2%-44.1pp |
| Annual return | 14.06% | 2672.78%-2658.7pp | 591.91%-577.9pp | 160.69%-146.6pp |
| Employer contribution / active EE | $0 | $2,315-100.0% | $3,023-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,054 | $3,319-68.2% | $4,437-76.2% | $4,126-74.5% |
| Admin fee / account holder | $110 | $4,114-97.3% | $5,613-98.0% | $5,650-98.1% |