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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 | $12,550 | $70,366-82.2% | $66,674-81.2% | $138,895-91.0% |
| Participation rate | 31.3% | 76.2%-44.9pp | 73.7%-42.4pp | 79.9%-48.7pp |
| Annual return | 13.36% | 386.41%-373.0pp | 321.24%-307.9pp | 145.39%-132.0pp |
| Employer contribution / active EE | $283 | $2,765-89.8% | $2,620-89.2% | $4,194-93.3% |
| Participant deferral / active EE | $602 | $4,374-86.2% | $4,084-85.3% | $6,396-90.6% |
| Admin fee / account holder | $157 | $5,262-97.0% | $5,098-96.9% | $12,562-98.7% |