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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 | $111,830-83.5% | $93,696-80.3% | $145,884-87.4% |
| Participation rate | 30.4% | 74.2%-43.8pp | 68.7%-38.3pp | 80.3%-49.9pp |
| Annual return | 16.43% | 204.08%-187.6pp | 133.74%-117.3pp | 551.85%-535.4pp |
| Employer contribution / active EE | $526 | $3,093-83.0% | $2,422-78.3% | $4,662-88.7% |
| Participant deferral / active EE | $1,502 | $4,920-69.5% | $4,417-66.0% | $6,690-77.6% |
| Admin fee / account holder | $143 | $10,249-98.6% | $8,287-98.3% | $13,392-98.9% |