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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 | $11,208 | $29,667-62.2% | $56,441-80.1% | $80,874-86.1% |
| Participation rate | 30.8% | 41.7%-10.9pp | 52.5%-21.7pp | 67.6%-36.9pp |
| Annual return | 65.61% | 35.22%+30.4pp | 1704.21%-1638.6pp | 35.62%+30.0pp |
| Employer contribution / active EE | $61 | $669-90.9% | $1,039-94.1% | $2,756-97.8% |
| Participant deferral / active EE | $702 | $1,227-42.8% | $1,953-64.1% | $4,297-83.7% |
| Admin fee / account holder | $284 | $2,429-88.3% | $2,829-90.0% | $6,935-95.9% |