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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 | $18,427 | $111,787-83.5% | $93,681-80.3% | $145,978-87.4% |
| Participation rate | 30.4% | 74.2%-43.8pp | 68.7%-38.3pp | 80.3%-49.9pp |
| Annual return | 16.43% | 203.52%-187.1pp | 133.47%-117.0pp | 550.52%-534.1pp |
| Employer contribution / active EE | $526 | $3,093-83.0% | $2,422-78.3% | $4,662-88.7% |
| Participant deferral / active EE | $1,502 | $4,918-69.5% | $4,415-66.0% | $6,690-77.6% |
| Admin fee / account holder | $143 | $10,256-98.6% | $8,290-98.3% | $13,400-98.9% |